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Company Registration No. 11381933 (England and Wales)
MerrygoroundUK Limited Unaudited accounts for the year ended 31 March 2024
MerrygoroundUK Limited Unaudited accounts Contents
Page
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MerrygoroundUK Limited Company Information for the year ended 31 March 2024
Director
C Taylor
Company Number
11381933 (England and Wales)
Registered Office
Unit 13 Twyford Mill Estate Oxford Road, Adderbury Banbury Oxfordshire OX17 3SX United Kingdom
Accountants
Link Accounting Limited Bloxham Mill Business Centre Barford Road Bloxham Oxfordshire OX15 4FF
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MerrygoroundUK Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
28,867 
Tangible assets
877 
950 
877 
29,817 
Current assets
Inventories
289,067 
285,883 
Debtors
27,580 
27,977 
Cash at bank and in hand
29,703 
13,213 
346,350 
327,073 
Creditors: amounts falling due within one year
(122,864)
(154,888)
Net current assets
223,486 
172,185 
Net assets
224,363 
202,002 
Capital and reserves
Called up share capital
219,891 
219,891 
Profit and loss account
4,472 
(17,889)
Shareholders' funds
224,363 
202,002 
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 20 November 2024 and were signed on its behalf by
C Taylor Director Company Registration No. 11381933
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MerrygoroundUK Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MerrygoroundUK Limited is a private company, limited by shares, registered in England and Wales, registration number 11381933. The registered office is Unit 13 Twyford Mill Estate, Oxford Road, Adderbury, Banbury, Oxfordshire, OX17 3SX, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
4 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. They are amortised at a straight line over 5 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
144,334 
At 31 March 2024
144,334 
Amortisation
At 1 April 2023
115,467 
Charge for the year
28,867 
At 31 March 2024
144,334 
Net book value
At 31 March 2024
- 
At 31 March 2023
28,867 
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MerrygoroundUK Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
424 
9,580 
388 
1,340 
11,732 
Additions
- 
- 
- 
449 
449 
At 31 March 2024
424 
9,580 
388 
1,789 
12,181 
Depreciation
At 1 April 2023
177 
9,580 
239 
786 
10,782 
Charge for the year
85 
- 
78 
359 
522 
At 31 March 2024
262 
9,580 
317 
1,145 
11,304 
Net book value
At 31 March 2024
162 
- 
71 
644 
877 
At 31 March 2023
247 
- 
149 
554 
950 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
867 
3,605 
Trade debtors
19,973 
13,309 
Accrued income and prepayments
6,740 
11,063 
27,580 
27,977 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
20,720 
26,680 
Taxes and social security
10,408 
7,208 
Other creditors
3,371 
3,915 
Loans from directors
85,085 
117,085 
Accruals
3,280 
- 
122,864 
154,888 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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