Company registration number 11443055 (England and Wales)
M.EGA.WATTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
M.EGA.WATTS LTD
BALANCE SHEET
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2023
2022
£
£
£
£
Fixed assets
9,224
10,835
Current assets
135,885
124,739
Creditors: amounts falling due within one year
(23,568)
(22,105)
Net current assets
112,317
102,634
Total assets less current liabilities
121,541
113,469
Creditors: amounts falling due after more than one year
1,606
1,104
Net assets
123,147
114,573
Capital and reserves
123,147
114,573
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As of the company yearend 31 July 2023 the director Mr Mark Alan Watts owed the company £2,286.43 in a form of directors loan and £312.00 in overpaid expenses. The company owed the director Mr Mark Alan Watts £992.59 in unpaid salary. An S455 Charge has been applied on the director loan account increase.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
M.EGA.Watts Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5 Woodbine Close, Sandhurst, Berks, GU47 9AE.
For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
M.EGA.WATTS LTD
BALANCE SHEET (CONTINUED)
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The financial statements were approved and signed by the director and authorised for issue on 7 March 2024
Mr Mark Watts
Director
Company registration number 11443055 (England and Wales)