M & R IMPORT & EXPORTERS LTD

Company Registration Number:
12218738 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2020

Period of accounts

Start date: 20 September 2019

End date: 30 September 2020

M & R IMPORT & EXPORTERS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2020

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

M & R IMPORT & EXPORTERS LTD

Profit And Loss Account

for the Period Ended 30 September 2020

2020


£
Turnover: 4,568,596
Cost of sales: ( 2,545,158 )
Gross profit(or loss): 2,023,438
Distribution costs: ( 327,854 )
Administrative expenses: ( 598,554 )
Operating profit(or loss): 1,097,030
Profit(or loss) before tax: 1,097,030
Tax: ( 208,435 )
Profit(or loss) for the financial year: 888,595

M & R IMPORT & EXPORTERS LTD

Balance sheet

As at 30 September 2020

Notes 2020


£
Fixed assets
Tangible assets: 3 136,526
Total fixed assets: 136,526
Current assets
Stocks: 4 745,222
Debtors: 5 315,457
Cash at bank and in hand: 78,951
Total current assets: 1,139,630
Creditors: amounts falling due within one year: 6 ( 387,559 )
Net current assets (liabilities): 752,071
Total assets less current liabilities: 888,597
Total net assets (liabilities): 888,597
Capital and reserves
Called up share capital: 2
Profit and loss account: 888,595
Total Shareholders' funds: 888,597

The notes form part of these financial statements

M & R IMPORT & EXPORTERS LTD

Balance sheet statements

For the year ending 30 September 2020 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: Glenda Weaver
Status: Director

The notes form part of these financial statements

M & R IMPORT & EXPORTERS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

M & R IMPORT & EXPORTERS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

  • 2. Employees

    2020
    Average number of employees during the period 5

M & R IMPORT & EXPORTERS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 25,642 31,145 37,985 72,646 167,418
Disposals
Revaluations
Transfers
At 30 September 2020 25,642 31,145 37,985 72,646 167,418
Depreciation
Charge for year 3,128 4,229 5,597 17,938 30,892
On disposals
Other adjustments
At 30 September 2020 3,128 4,229 5,597 17,938 30,892
Net book value
At 30 September 2020 22,514 26,916 32,388 54,708 136,526

M & R IMPORT & EXPORTERS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

4. Stocks

2020
£
Stocks 745,222
Total 745,222

M & R IMPORT & EXPORTERS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

5. Debtors

2020
£
Trade debtors 315,457
Total 315,457

M & R IMPORT & EXPORTERS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

6. Creditors: amounts falling due within one year note

2020
£
Trade creditors 122,341
Taxation and social security 265,218
Total 387,559