M & S SHAR LTD | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 JANUARY 2023 | |
M & S SHAR LTD | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JANUARY 2023 | |||
DIRECTORS | |||
M Shar | |||
REGISTERED OFFICE | |||
5 Cotham Road South Bristol BS6 5TZ |
|||
COMPANY REGISTERED NUMBER | |||
12413515 | |||
BANKERS | |||
Lloyds Bank plc | |||
ACCOUNTANTS | |||
Adam House | |||
Chartered Accountants | |||
123 Fishponds Road Bristol BS5 6PR |
|||
CONTENTS | |||
Pages | |||
2 | Statement of Financial Position | ||
3-6 | Notes to the Financial Statements | ||
page 1 | |
Company registered number: |
|||||
STATEMENT OF FINANCIAL POSITION AT |
|||||
Note | 2023 | 2022 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Intangible assets | 3 | ||||
CURRENT ASSETS | |||||
Inventories | |||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 4 | ||||
NET CURRENT LIABILITIES | ( |
( |
|||
NET ASSETS | £ |
£ |
|||
CAPITAL AND RESERVES | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
|||
In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
|||
Signed on behalf of the board of directors | |||
The notes on pages 3-6 form part of these financial statements | |
page 2 | |
M & S SHAR LTD | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 JANUARY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
M & S Shar Ltd is a private limited company and incorporated in |
||||
Registered office: | ||||
Bristol BS6 5TZ |
||||
These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 February 2022. | ||||
Basis of accounting | ||||
1c. | Revenue recognition | |||
1d. | Borrowing costs | |||
1e. | Taxation | |||
Intangible assets | ||||
The notes on pages 3-6 form part of these financial statements | |
page 3 | |
M & S SHAR LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JANUARY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1g. | Inventories | |||
1h. | Short term debtors and creditors | |||
1i. | Cash and cash equivalents | |||
1j. | Interest bearing borrowings | |||
1k. | Leased assets | |||
1l. | Foreign currencies | |||
The notes on pages 3-6 form part of these financial statements | |
page 4 | |
M & S SHAR LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JANUARY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1m. | Employee benefits | |||
1n. | Discontinued operations | |||
1o. | Provisions | |||
1p. | Judgements and key sources of estimation uncertainty | |||
2. | DIRECTORS AND EMPLOYEES | ||
The average weekly number of employees during the year were as follows: | |||
2023 | 2022 | ||
No. | No. | ||
Management and administration | |||
Production and sales | |||
The notes on pages 3-6 form part of these financial statements | |
page 5 | |
M & S SHAR LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JANUARY 2023 |
3. | INTANGIBLE FIXED ASSETS | ||
Goodwill | Total | ||
£ | £ | ||
Cost | |||
At 1 February 2022 | |||
At 31 January 2023 | |||
Amortisation | |||
At 31 January 2023 | |||
Net Book Amounts | |||
At 31 January 2023 | |||
At 31 January 2022 | |||
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2023 | 2022 | ||
£ | £ | ||
Bank loans and overdrafts | 41,568 | 45,712 | |
Trade creditors | |||
Corporation tax | |||
Other taxes and social security | |||
Other creditors | |||
£ |
£ |
||
The notes on pages 3-6 form part of these financial statements | |
page 6 |