MANIFOLDS GROUP LTD

Company Registration Number:
12469628 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

MANIFOLDS GROUP LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

MANIFOLDS GROUP LTD

Company Information

for the Period Ended 29 February 2024




Director: Catherine Monisola OBAFEMI
Ademola Adeoye OYEDELE
Registered office: Jubilee House
3 The Drive
Great Warley
Brentwood
England
CM13 3FR
Company Registration Number: 12469628 (England and Wales)

MANIFOLDS GROUP LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

The company's principal activity during the period was providing temporary employment services.

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Catherine Monisola OBAFEMI
Ademola Adeoye OYEDELE

This report was approved by the board of directors on 3 April 2024
And Signed On Behalf Of The Board By:

Name: Catherine Monisola OBAFEMI
Status: Director

Name: Ademola Adeoye OYEDELE
Status: Director

MANIFOLDS GROUP LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 30,800 33,000
Total fixed assets: 30,800 33,000
Current assets
Debtors: 6 4,651 4,303
Cash at bank and in hand: 111 6,674
Total current assets: 4,762 10,977
Creditors: amounts falling due within one year: 7 ( 18,979 ) ( 11,905 )
Net current assets (liabilities): ( 14,217 ) ( 928 )
Total assets less current liabilities: 16,583 32,072
Creditors: amounts falling due after more than one year: 8 ( 24,067 ) ( 31,935 )
Provision for liabilities: ( 697 )
Total net assets (liabilities): ( 8,181 ) 137

The notes form part of these financial statements

MANIFOLDS GROUP LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 8,183 ) 135
Shareholders funds: ( 8,181 ) 137

For the year ending 29 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 April 2024
And Signed On Behalf Of The Board By:

Name: Catherine Monisola OBAFEMI
Status: Director

Name: Ademola Adeoye OYEDELE
Status: Director

The notes form part of these financial statements

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable on the provision of services, net of VAT, and trade discounts on the provision of services falling within the company’s ordinary activities.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:
    Motor vehicle 25% reducing balance method
    Office equipment 25% straight-line method
    Furniture & fittings 25% straight-line method

    Other accounting policies

    Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the directors' opinion, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 6 9

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Dividends


2024
£

2023
£
Dividends paid 9,000

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 March 2023 35,200 35,200
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 29 February 2024 35,200 35,200
Depreciation
At 01 March 2023 2,200 2,200
Charge for year 2,200 2,200
On disposals - -
Other adjustments - -
At 29 February 2024 4,400 4,400
Net book value
At 29 February 2024 30,800 30,800
At 28 February 2023 33,000 33,000

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Debtors


2024
£

2023
£
Other debtors 4,651 4,303
Total 4,651 4,303

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 6,454 6,454
Taxation and social security 533 4,592
Accruals and deferred income 600 600
Other creditors 11,392 259
Total 18,979 11,905

MANIFOLDS GROUP LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 4,258 6,187
Amounts due under finance leases and hire purchase contracts 19,809 25,748
Total 24,067 31,935