Company Registration No. 02942596 (England and Wales)
Andrews Martin & Co. Limited
Unaudited accounts for filing with the registrar
for the year ended 31 January 2024
Andrews Martin & Co. Limited
Unaudited accounts for filing with the registrar
Contents
Andrews Martin & Co. Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,262
4,265
Investment property
1,385,000
1,357,000
Cash at bank and in hand
103,063
148,136
Creditors: amounts falling due within one year
(9,397)
(8,645)
Net current assets
93,898
139,689
Net assets
1,480,160
1,500,954
Called up share capital
1,557
1,557
Revaluation reserve
175,430
147,430
Profit and loss account
1,303,173
1,351,967
Shareholders' funds
1,480,160
1,500,954
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 April 2024 and were signed on its behalf by
Michael Andrews
Director
Company Registration No. 02942596
Andrews Martin & Co. Limited
Notes to the Accounts
for the year ended 31 January 2024
Andrews Martin & Co. Limited is a private company, limited by shares, registered in England and Wales, registration number 02942596. The registered office is 62 St Peters Street, St Albans , AL1 3HG.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value and is to be revalued at the end of each financial year.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
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Tangible fixed assets
Total
5
Transactions with related parties
At 31 January 2024 there were loans owing to directors of £0 (2023: £402). The loan was interest free and repaid on demand.
Andrews Martin & Co. Limited
Notes to the Accounts
for the year ended 31 January 2024
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Average number of employees
During the year the average number of employees was 1 (2023: 0).