Company registration number 06861845 (England and Wales)
MASTER UPHOLSTERERS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
MASTER UPHOLSTERERS LIMITED
COMPANY INFORMATION
Directors
Mr D Popkin
Mr M P Marsh
Mr P J Marsh
Ms A Shreeve
Company number
06861845
Registered office
134 Buckingham Palace Road
London
SW1W 9SA
Accountants
Magus Chartered Accountants
134 Buckingham Palace Road
London
SW1W 9SA
Business address
39 Bury Road
Epping
Essex
CM16 5ET
MASTER UPHOLSTERERS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
MASTER UPHOLSTERERS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
2,620
25,609
Cash at bank and in hand
1,340
4,301
3,960
29,910
Creditors: amounts falling due within one year
3
(3,616)
(29,852)
Net current assets
344
58
Capital and reserves
Called up share capital
4
4
Profit and loss reserves
340
54
Total equity
344
58

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 15 August 2024 and are signed on its behalf by:
Ms A Shreeve
Director
Company registration number 06861845 (England and Wales)
MASTER UPHOLSTERERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Master Upholsterers Limited is a private company limited by shares incorporated in England and Wales. The registered office is 134 Buckingham Palace Road, London, SW1W 9SA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

These financial statements for the year ended 31 March 2024 are the first financial statements of Master Upholsterers Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2022. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.

1.2
Turnover

Turnover represents amounts received for sales goods for the current accounting period.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
4
3
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
2,296
3,066
Other creditors
-
0
26,186
Accruals and deferred income
1,320
600
3,616
29,852
4
Control
The company was under the control of its directors during the year and the preceding year.
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