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REGISTERED NUMBER: 12242237 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Many Happy Returns Limited

Many Happy Returns Limited (Registered number: 12242237)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Many Happy Returns Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: J Proctor
E J Proctor





SECRETARY:





REGISTERED OFFICE: 209 Liverpool Road
Birkdale
Southport
Merseyside
PR8 4PH





REGISTERED NUMBER: 12242237 (England and Wales)





ACCOUNTANTS: Topping & Company
Chartered Accountants
209 Liverpool Road
Birkdale
Southport
Merseyside
PR8 4PH

Many Happy Returns Limited (Registered number: 12242237)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 320,978 280,129

CURRENT ASSETS
Debtors 5 14,225 -
Cash at bank and in hand 80,142 192,081
94,367 192,081
CREDITORS
Amounts falling due within one year 6 205,963 272,907
NET CURRENT LIABILITIES (111,596 ) (80,826 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,382

199,303

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 209,380 199,301
209,382 199,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Many Happy Returns Limited (Registered number: 12242237)

Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





J Proctor - Director


Many Happy Returns Limited (Registered number: 12242237)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Many Happy Returns Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Many Happy Returns Limited (Registered number: 12242237)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 161,582 145,967 307,549
Additions - 61,936 61,936
At 31 October 2023 161,582 207,903 369,485
DEPRECIATION
At 1 November 2022 - 27,420 27,420
Charge for year - 21,087 21,087
At 31 October 2023 - 48,507 48,507
NET BOOK VALUE
At 31 October 2023 161,582 159,396 320,978
At 31 October 2022 161,582 118,547 280,129

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 14,225 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 54,105 -
Trade creditors 44,579 140,377
Taxation and social security 28,720 22,412
Other creditors 78,559 110,118
205,963 272,907