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REGISTERED NUMBER: 09539097 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Margot Lombaert Limited

Margot Lombaert Limited (Registered number: 09539097)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Margot Lombaert Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: Miss M Lombaert





REGISTERED OFFICE: Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF





REGISTERED NUMBER: 09539097 (England and Wales)





ACCOUNTANTS: Field & Co LLP
Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF

Margot Lombaert Limited (Registered number: 09539097)

Balance Sheet
31st March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,294 2,890

CURRENT ASSETS
Debtors 5 8,014 5,700
Cash at bank 29,078 40,299
37,092 45,999
CREDITORS
Amounts falling due within one year 6 9,342 16,270
NET CURRENT ASSETS 27,750 29,729
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,044

32,619

PROVISIONS FOR LIABILITIES 7 816 549
NET ASSETS 31,228 32,070

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 31,227 32,069
SHAREHOLDERS' FUNDS 31,228 32,070

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Margot Lombaert Limited (Registered number: 09539097)

Balance Sheet - continued
31st March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th July 2024 and were signed by:





Miss M Lombaert - Director


Margot Lombaert Limited (Registered number: 09539097)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Margot Lombaert 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.
Plant and machinery - Straight line over 3 years
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Margot Lombaert Limited (Registered number: 09539097)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st April 2023 13,651 411 9,207 23,269
Additions - - 3,165 3,165
Disposals (13,292 ) - (587 ) (13,879 )
At 31st March 2024 359 411 11,785 12,555
DEPRECIATION
At 1st April 2023 13,651 103 6,625 20,379
Charge for year - 77 1,354 1,431
Eliminated on disposal (13,292 ) - (257 ) (13,549 )
At 31st March 2024 359 180 7,722 8,261
NET BOOK VALUE
At 31st March 2024 - 231 4,063 4,294
At 31st March 2023 - 308 2,582 2,890

No fixed assets are subject to finance leases or hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 8,014 5,700

Margot Lombaert Limited (Registered number: 09539097)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 508 (94 )
Taxation and social security 8,834 16,364
9,342 16,270

7. PROVISIONS FOR LIABILITIES
31/3/24 31/3/23
£    £   
Deferred tax 816 549

Deferred
tax
£   
Balance at 1st April 2023 549
Provided during year 267
Balance at 31st March 2024 816

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1st April 2023 32,069
Profit for the year 22,944
Dividends (23,786 )
At 31st March 2024 31,227

10. ULTIMATE CONTROLLING PARTY

The controlling party is Miss M Lombaert.