Registered number: 08677556 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
Forbes Watson Limited | ||||||||
Accountants | ||||||||
The Old Bakery | ||||||||
Green Street | ||||||||
Lytham | ||||||||
Lancashire | ||||||||
FY8 5LG |
My Purchasing Partner Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Lancashire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08677556 | ||||||||
ACCOUNTANTS | ||||||||
Forbes Watson Limited | ||||||||
Accountants | ||||||||
The Old Bakery | ||||||||
Green Street | ||||||||
Lytham | ||||||||
Lancashire | ||||||||
FY8 5LG |
My Purchasing Partner Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
My Purchasing Partner Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
5,330,090 | 3,122,361 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 2,223,242 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 3,992,677 | 2,472,604 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
My Purchasing Partner Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | reducing balance 33% | |||||||
Equipment | reducing balance 33% | |||||||
Motor Cars | reducing balance 33% |
1c. Intangible Assets | ||||||||
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 15 | |||||
My Purchasing Partner Limited | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Development | ||||
Costs | Total | |||
£ | £ | |||
Cost | ||||
At 01/01/2023 | 9,430 | 9,430 | ||
Disposals | (9,430) | (9,430) | ||
At 31/12/2023 | - | - | ||
Depreciation | ||||
At 01/01/2023 | 9,430 | 9,430 | ||
Disposals | (9,430) | (9,430) | ||
At 31/12/2023 | - | - | ||
Net Book Amounts | ||||
At 31/12/2023 | ||||
4. TANGIBLE FIXED ASSETS | ||||||||
Fixtures | ||||||||
and Fittings | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/01/2023 | 15,255 | 106,477 | 281,335 | 403,067 | ||||
Additions | 5,152 | 12,331 | 119,500 | 136,983 | ||||
Disposals | (15,255) | (93,969) | (111,647) | (220,871) | ||||
At 31/12/2023 | 5,152 | 24,839 | 289,188 | 319,179 | ||||
Depreciation | ||||||||
At 01/01/2023 | 13,276 | 46,387 | 94,040 | 153,703 | ||||
Disposals | (13,276) | (40,118) | (36,844) | (90,238) | ||||
For the year | 1,700 | 6,676 | 67,467 | 75,843 | ||||
At 31/12/2023 | 1,700 | 12,945 | 124,663 | 139,308 | ||||
Net Book Amounts | ||||||||
At 31/12/2023 | 179,871 | |||||||
At 31/12/2022 | 249,364 | |||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,466,267 | 1,081,223 | ||||||
Other debtors | 1,632,886 | 612,432 | ||||||
Prepayments | 18,718 | 15,341 | ||||||
Directors current account | 312,806 | 576 | ||||||
3,430,677 | 1,709,572 | |||||||
My Purchasing Partner Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 851,214 | 450,070 | ||||||
VAT | 481,853 | 346,382 | ||||||
PAYE control | 79,464 | 71,256 | ||||||
Trade creditors | 37,716 | 22,276 | ||||||
Pension schemes | 18,062 | 8,135 | ||||||
Accruals | 48,973 | 1,000 | ||||||
1,517,282 | 899,119 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1.90 | 1.90 | |||||||
2 | 2 | |||||||
8. PRIOR YEAR ADJUSTMENT | ||||||||
A prior year adjustment was made in respect of an investment of £750,000 in Treacy Consultancy Ltd which should have been written off in the year ended 31st December 2020. The impact on the balance sheet is a reduction in P&L reserves of £750,000. | ||||||||