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Company Registration No. 10415868 (England and Wales)
MARGARET'S TEA ROOMS LIMITED Unaudited accounts for the period from 1 November 2023 to 31 July 2024
MARGARET'S TEA ROOMS LIMITED Unaudited accounts Contents
Page
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MARGARET'S TEA ROOMS LIMITED Company Information for the period from 1 November 2023 to 31 July 2024
Director
Derek Davis
Company Number
10415868 (England and Wales)
Registered Office
8 Wallis Ave Lincoln Lincolnshire LN6 8AS ENGLAND
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
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MARGARET'S TEA ROOMS LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
11,414 
Current assets
Cash at bank and in hand
- 
25 
Creditors: amounts falling due within one year
- 
(533)
Net current liabilities
- 
(508)
Net assets
- 
10,906 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1)
10,905 
Shareholders' funds
- 
10,906 
For the period ending 31 July 2024 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 9 August 2024 and were signed on its behalf by
Derek Davis Director Company Registration No. 10415868
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MARGARET'S TEA ROOMS LIMITED Notes to the Accounts for the period from 1 November 2023 to 31 July 2024
1
Statutory information
MARGARET'S TEA ROOMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10415868. The registered office is 8 Wallis Ave, Lincoln, Lincolnshire, LN6 8AS, ENGLAND. The company is in the process of being wound up.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Break-down & Disposal
The company has not been operating with any turnover since the last filing of the financial statement being Oct 31st 2023. The next registered filing date has been changed to July 31st 2024. The business has closed as at July 31st 2024 and an application to strike off will be processed after the filing of these last statements.
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:
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2023
23,455 
Disposals
(23,455)
At 31 July 2024
- 
Depreciation
At 1 November 2023
12,041 
On disposals
(12,041)
At 31 July 2024
- 
Net book value
At 31 July 2024
- 
At 31 October 2023
11,414 
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MARGARET'S TEA ROOMS LIMITED Notes to the Accounts for the period from 1 November 2023 to 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
- 
34 
Accruals
- 
499 
- 
533 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the period the average number of employees was 0 (2023: 4).
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