Company Registration No. 08379091 (England and Wales)
Mark Thyme Audio Visual Ltd
Unaudited accounts
for the year ended 31 January 2024
Mark Thyme Audio Visual Ltd
Unaudited accounts
Contents
Mark Thyme Audio Visual Ltd
Company Information
for the year ended 31 January 2024
Company Number
08379091 (England and Wales)
Registered Office
35 Glenwood
Llanedeyrn
Cardiff
CF23 6US
Accountants
Nathan Evans Limited
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Mark Thyme Audio Visual Ltd for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Mark Thyme Audio Visual Ltd for the year ended
31 January 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited
Chartered Accountants
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
18 September 2024
Mark Thyme Audio Visual Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
9,539
3,357
Creditors: amounts falling due within one year
(909)
(1,732)
Net current assets
25,728
8,332
Called up share capital
1
1
Profit and loss account
26,926
9,330
Shareholders' funds
26,927
9,331
For the year ending 31 January 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 18 September 2024 and were signed on its behalf by
Mr Kevin Savory
Director
Company Registration No. 08379091
Mark Thyme Audio Visual Ltd
Notes to the Accounts
for the year ended 31 January 2024
Mark Thyme Audio Visual Ltd is a private company, limited by shares, registered in England and Wales, registration number 08379091. The registered office is 35 Glenwood, Llanedeyrn, Cardiff, CF23 6US.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% straight line
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
3,168
10,780
13,948
At 31 January 2024
4,050
10,780
14,830
At 1 February 2023
2,233
10,716
12,949
Charge for the year
643
39
682
At 31 January 2024
2,876
10,755
13,631
At 31 January 2024
1,174
25
1,199
At 31 January 2023
935
64
999
Mark Thyme Audio Visual Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
17,098
6,707
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
402
266
The company was under the control of Mr Kevin Savory for the current and prior period. Mr Savory owns 100% of the share capital and received dividends of £nil during the year (2022: £nil).
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).