Company Registration No. 12859768 (England and Wales)
THE MARGIN CAFE LTD
Unaudited accounts
for the year ended 30 September 2023
THE MARGIN CAFE LTD
Unaudited accounts
Contents
THE MARGIN CAFE LTD
Company Information
for the year ended 30 September 2023
Directors
Alan William DUCKMANTON
Cindy Yen Kay CHENG
Company Number
12859768 (England and Wales)
Registered Office
18 WHIMBREL WAY
BANBURY
OX16 9YX
ENGLAND
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
THE MARGIN CAFE LTD
Statement of financial position
as at 30 September 2023
Tangible assets
5,456
6,299
Cash at bank and in hand
10,406
4,641
Creditors: amounts falling due within one year
(11,577)
(3,563)
Net current (liabilities)/assets
(1,171)
1,078
Called up share capital
2
2
Profit and loss account
4,283
7,375
Shareholders' funds
4,285
7,377
For the year ending 30 September 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 30 January 2024 and were signed on its behalf by
Alan William DUCKMANTON
Director
Company Registration No. 12859768
THE MARGIN CAFE LTD
Notes to the Accounts
for the year ended 30 September 2023
THE MARGIN CAFE LTD is a private company, limited by shares, registered in England and Wales, registration number 12859768. The registered office is 18 WHIMBREL WAY, BANBURY, OX16 9YX, ENGLAND.
2
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.
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
At 30 September 2023
7,398
At 30 September 2023
1,942
At 30 September 2023
5,456
At 30 September 2022
6,299
THE MARGIN CAFE LTD
Notes to the Accounts
for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,757
2,645
Loans from directors
3,940
-
6
Transactions with related parties
During the year, the company received a loan amounting to £3,940 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
7
Average number of employees
During the year the average number of employees was 4 (2022: 3).