Company Registration No. 12566297 (England and Wales)
MARC JAMES BAR COMPANY LTD
Unaudited accounts
for the year ended 30 April 2024
MARC JAMES BAR COMPANY LTD
Unaudited accounts
Contents
MARC JAMES BAR COMPANY LTD
Statement of financial position
as at 30 April 2024
Tangible assets
24,575
30,729
Cash at bank and in hand
3,362
8,031
Creditors: amounts falling due within one year
(65,291)
(37,935)
Net current liabilities
(30,275)
(14,260)
Net (liabilities)/assets
(5,700)
16,469
Called up share capital
2
2
Profit and loss account
(5,702)
16,467
Shareholders' funds
(5,700)
16,469
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by
J. Mitchell
Director
Company Registration No. 12566297
MARC JAMES BAR COMPANY LTD
Notes to the Accounts
for the year ended 30 April 2024
MARC JAMES BAR COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 12566297. The registered office is 5 CEMETERY HILL, HEMEL HEMPSTEAD, HP1 1JF, 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.
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
4 years
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
29,540
4,301
33,841
At 30 April 2024
33,709
4,301
38,010
At 1 May 2023
1,550
1,562
3,112
Charge for the year
9,262
1,061
10,323
At 30 April 2024
10,812
2,623
13,435
At 30 April 2024
22,897
1,678
24,575
At 30 April 2023
27,990
2,739
30,729
MARC JAMES BAR COMPANY LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Accrued income and prepayments
140
3,843
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,534
10,000
Taxes and social security
11,976
12,380
Other creditors
4,457
8,815
Loans from directors
5,213
3,200
7
Average number of employees
During the year the average number of employees was 13 (2023: 11).