Company Registration No. 14292628 (England and Wales)
The Mermaid Sherborne Ltd
Unaudited accounts
for the period from 12 August 2022 to 31 August 2023
The Mermaid Sherborne Ltd
Unaudited accounts
Contents
The Mermaid Sherborne Ltd
Company Information
for the period from 12 August 2022 to 31 August 2023
Company Number
14292628 (England and Wales)
Registered Office
The Mermaid
Bristol Road
Sherborne
Dorset
DT9 4JT
United Kingdom
The Mermaid Sherborne Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
2,031
Creditors: amounts falling due within one year
(82,516)
Net current liabilities
(57,175)
Profit and loss account
(41,529)
Shareholders' funds
(41,527)
For the period ending 31 August 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 director acknowledges his 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 and authorised for issue on 11 April 2024 and were signed on its behalf by
Paul Woolley
Director
Company Registration No. 14292628
The Mermaid Sherborne Ltd
Notes to the Accounts
for the period from 12 August 2022 to 31 August 2023
The Mermaid Sherborne Ltd is a private company, limited by shares, registered in England and Wales, registration number 14292628. The registered office is The Mermaid, Bristol Road, Sherborne, Dorset, DT9 4JT, United Kingdom.
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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 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
15% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
20% reducing balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
10,262
6,000
1,906
18,168
At 31 August 2023
10,262
6,000
1,906
18,168
Charge for the period
1,539
600
381
2,520
At 31 August 2023
1,539
600
381
2,520
At 31 August 2023
8,723
5,400
1,525
15,648
Amounts falling due within one year
Accrued income and prepayments
233
The Mermaid Sherborne Ltd
Notes to the Accounts
for the period from 12 August 2022 to 31 August 2023
6
Creditors: amounts falling due within one year
2023
Bank loans and overdrafts
4,689
Taxes and social security
18,677
Loans from directors
50,721
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Average number of employees
During the period the average number of employees was 5.