27 April 2022 false Taxfiler 2023.11.1 true 2601418business:PrivateLimitedCompanyLtd2022-04-272023-04-30 26014182022-04-26 26014182022-04-272023-04-30 2601418business:AuditExemptWithAccountantsReport2022-04-272023-04-30 2601418business:FilletedAccounts2022-04-272023-04-30 26014182023-04-30 2601418business:Director12022-04-272023-04-30 2601418business:Director22022-04-272023-04-30 2601418business:RegisteredOffice2022-04-272023-04-30 26014182022-04-26 2601418core:WithinOneYear2023-04-30 2601418core:WithinOneYear2022-04-26 2601418core:AfterOneYear2023-04-30 2601418core:AfterOneYear2022-04-26 2601418core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 2601418core:ShareCapitalcore:PreviouslyStatedAmount2022-04-26 2601418core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 2601418core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-26 2601418core:PreviouslyStatedAmount2023-04-30 2601418core:PreviouslyStatedAmount2022-04-26 2601418business:SmallEntities2022-04-272023-04-30 2601418countries:EnglandWales2022-04-272023-04-30 2601418core:LandBuildings2022-04-272023-04-30 2601418core:MotorVehicles2022-04-272023-04-30 2601418core:FurnitureFittings2022-04-272023-04-30 2601418core:LandBuildings2022-04-26 2601418core:MotorVehicles2022-04-26 2601418core:FurnitureFittings2022-04-26 2601418core:LandBuildings2023-04-30 2601418core:MotorVehicles2023-04-30 2601418core:FurnitureFittings2023-04-30 2601418core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-04-30 2601418core:MotorVehiclescore:LeasedAssetsHeldAsLessee2022-04-26 2601418core:AfterOneYear2022-04-272023-04-30 2601418business:OrdinaryShareClass12022-04-272023-04-30 2601418business:OrdinaryShareClass12021-04-272022-04-26 26014182021-04-272022-04-26 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 2601418 (England and Wales)
Manorfind Limited Unaudited accounts for the period from 27 April 2022 to 30 April 2023
Manorfind Limited Unaudited accounts Contents
Page
- 2 -
Manorfind Limited Company Information for the period from 27 April 2022 to 30 April 2023
Directors
M Di Iulio G Di Iulio
Company Number
2601418 (England and Wales)
Registered Office
Virginia Heights Knowle Hill Virginia Water Surrey GU25 4HZ
Accountants
Ashby & Company 14 Bishearne Gardens Liss Hampshire GU33 7SB
- 3 -
Manorfind Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
101,769 
81,933 
Current assets
Inventories
8,000 
8,500 
Debtors
6,762 
4,759 
Cash at bank and in hand
10,744 
21,382 
25,506 
34,641 
Creditors: amounts falling due within one year
(81,714)
(58,760)
Net current liabilities
(56,208)
(24,119)
Total assets less current liabilities
45,561 
57,814 
Creditors: amounts falling due after more than one year
(26,751)
(28,792)
Provisions for liabilities
Other provisions
(4,706)
(1,317)
Net assets
14,104 
27,705 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,004 
27,605 
Shareholders' funds
14,104 
27,705 
For the period ending 30 April 2023 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 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 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 of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by
M Di Iulio Director Company Registration No. 2601418
- 4 -
Manorfind Limited Notes to the Accounts for the period from 27 April 2022 to 30 April 2023
1
Statutory information
Manorfind Limited is a private company, limited by shares, registered in England and Wales, registration number 2601418. The registered office is Virginia Heights, Knowle Hill, Virginia Water, Surrey, GU25 4HZ.
2
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services, net of VAT and discounts, provided in the normal course of business.
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:
Land & buildings
None
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of inventories over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Leased assets
Assets held under hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Manorfind Limited Notes to the Accounts for the period from 27 April 2022 to 30 April 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost.
3
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 27 April 2022
75,000 
1,913 
33,871 
110,784 
Additions
2,000 
23,995 
1,355 
27,350 
At 30 April 2023
77,000 
25,908 
35,226 
138,134 
Depreciation
At 27 April 2022
- 
1,017 
27,834 
28,851 
Charge for the period
- 
5,723 
1,791 
7,514 
At 30 April 2023
- 
6,740 
29,625 
36,365 
Net book value
At 30 April 2023
77,000 
19,168 
5,601 
101,769 
At 26 April 2022
75,000 
896 
6,037 
81,933 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
18,496 
- 
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
952 
1,514 
Other debtors
5,810 
3,245 
6,762 
4,759 
- 6 -
Manorfind Limited Notes to the Accounts for the period from 27 April 2022 to 30 April 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,959 
8,622 
Obligations under finance leases and hire purchase contracts
6,662 
- 
Trade creditors
16,838 
1,241 
Taxes and social security
6,182 
2,617 
Other creditors
21,106 
29,539 
Accruals
21,967 
16,741 
81,714 
58,760 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
18,791 
28,792 
Obligations under finance leases and hire purchase contracts
7,960 
- 
26,751 
28,792 
The loan is secured by the government.
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
There is an amount due of £5,810 (2022: £3,245) from a company under company control. The amount due is unsecured, interest free and repayable on demand.
9
Average number of employees
During the period the average number of employees was 4 (2022: 4).
- 7 -