Company Registration No. 08205700 (England and Wales)
Alex Macarthur Interiors Limited
Unaudited accounts
for the year ended 31 March 2024
Alex Macarthur Interiors Limited
Unaudited accounts
Contents
Alex Macarthur Interiors Limited
Company Information
for the year ended 31 March 2024
Company Number
08205700 (England and Wales)
Registered Office
The Monastery
Conduit Hill
Rye
East Sussex
TN31 7LE
England
Accountants
Kingfisher Business & Consultancy Services Limited
1 Woodside Cottages
Udimore
Rye
East Sussex
TN31 6AE
Alex Macarthur Interiors Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,069,829
2,064,983
Inventories
180,358
140,527
Cash at bank and in hand
6,031
423
Creditors: amounts falling due within one year
(91,622)
(52,869)
Net current assets
94,767
97,207
Total assets less current liabilities
2,164,596
2,162,190
Creditors: amounts falling due after more than one year
(1,151,877)
(1,175,374)
Provisions for liabilities
Deferred tax
(246,738)
(246,738)
Net assets
765,981
740,078
Called up share capital
1
1
Revaluation reserve
954,171
954,171
Profit and loss account
(188,191)
(214,094)
Shareholders' funds
765,981
740,078
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 her 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 16 September 2024 and were signed on its behalf by
F M A Macarthur
Director
Company Registration No. 08205700
Alex Macarthur Interiors Limited
Notes to the Accounts
for the year ended 31 March 2024
Alex Macarthur Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 08205700. The registered office is The Monastery, Conduit Hill, Rye, East Sussex, TN31 7LE, 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
Land & buildings are included at fair market value. All other tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off these assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% & 25% reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
2,029,804
26,252
74,939
15,029
2,146,024
Additions
12,882
-
1,082
-
13,964
At 31 March 2024
2,042,686
26,252
76,021
15,029
2,159,988
At 1 April 2023
-
23,990
42,683
14,368
81,041
Charge for the year
-
566
8,334
218
9,118
At 31 March 2024
-
24,556
51,017
14,586
90,159
At 31 March 2024
2,042,686
1,696
25,004
443
2,069,829
At 31 March 2023
2,029,804
2,262
32,256
661
2,064,983
Carrying amount of land and buildings on cost basis
1,089,530
1,076,648
Alex Macarthur Interiors Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
62,460
52,869
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
241,134
259,952
Loans from directors
910,743
915,422
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).