Company Registration No. 11381933 (England and Wales)
MerrygoroundUK Limited
Unaudited accounts
for the year ended 31 March 2024
MerrygoroundUK Limited
Unaudited accounts
Contents
MerrygoroundUK Limited
Company Information
for the year ended 31 March 2024
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
MerrygoroundUK Limited
Statement of financial position
as at 31 March 2024
Intangible assets
-
28,867
Inventories
289,067
285,883
Cash at bank and in hand
29,703
13,213
Creditors: amounts falling due within one year
(122,864)
(154,888)
Net current assets
223,486
172,185
Net assets
224,363
202,002
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
MerrygoroundUK Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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:
Motor vehicles
4 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
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
Charge for the year
28,867
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
At 31 March 2024
424
9,580
388
1,789
12,181
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
At 31 March 2024
162
-
71
644
877
At 31 March 2023
247
-
149
554
950
Amounts falling due within one year
Trade debtors
19,973
13,309
Accrued income and prepayments
6,740
11,063
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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
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Average number of employees
During the year the average number of employees was 6 (2023: 6).