Company Registration No. 07691129 (England and Wales)
M3OWEN LTD
Unaudited accounts
for the year ended 31 March 2024
M3OWEN LTD
Unaudited accounts
Contents
M3OWEN LTD
Company Information
for the year ended 31 March 2024
Director
Ovidijus Bardauskas
Company Number
07691129 (England and Wales)
Registered Office
17 PHILIP ROAD
RAINHAM
RM13 8LT
ENGLAND
Accountants
Eurofirma Ltd
59 Devons Road
London
E3 3DW
M3OWEN LTD
Statement of financial position
as at 31 March 2024
Tangible assets
7,975
9,725
Cash at bank and in hand
27,520
28,017
Creditors: amounts falling due within one year
(56,011)
(60,122)
Net current liabilities
(7,875)
(9,625)
Called up share capital
100
100
Shareholders' funds
100
100
For the year ending 31 March 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 13 September 2024 and were signed on its behalf by
Ovidijus Bardauskas
Director
Company Registration No. 07691129
M3OWEN LTD
Notes to the Accounts
for the year ended 31 March 2024
M3OWEN LTD is a private company, limited by shares, registered in England and Wales, registration number 07691129. The registered office is 17 PHILIP ROAD, RAINHAM, RM13 8LT, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
18% on reduce cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
12,795
222
13,017
At 31 March 2024
12,795
222
13,017
At 1 April 2023
3,070
222
3,292
Charge for the year
1,750
-
1,750
At 31 March 2024
4,820
222
5,042
At 31 March 2024
7,975
-
7,975
At 31 March 2023
9,725
-
9,725
Amounts falling due within one year
Accrued income and prepayments
10,769
12,949
M3OWEN LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
40,571
43,641
Taxes and social security
15,440
16,481
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).