M.S. Michael & Co. (Holdings) Limited
Annual Report and Unaudited Financial Statements For the year ended 31 March 2024
Pages for filing with Registrar
Company Registration No. 00668627 (England and Wales)
M.S. Michael & Co. (Holdings) Limited Company Information
Directors
D. P. Ford
D. Ford
L. Parker
Secretary
D. P. Ford
Company number 00668627
Registered Office
9 Rochester Court
Anthonys Way
Medway City Centre
Chatham
Kent
ME2 4NW
Accountants
Moore Kingston Smith LLP
Betchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
M.S. Michael & Co. (Holdings) Limited
Balance Sheet at 31st March 2024
Fixed Assets
Note
2024
2023
£
£
Investments
3
998
998
Net Assets
998
998
Capital and Reserves
Called up Share Capital
4
100
100
Share Premium Account
898
898
998
998
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilties for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors and authorised for issue on
31 January 2025
31 January 2025
and are signed on its behalf by:
D. Ford
Director
Company Registration No. 00668627
Page One
M.S. Michael & Co. (Holdings) Limited
Notes to the Financial Statements
For the Year Ended 31st March 2024
1.
Accounting Policies
Company information
M. S. Michael & Co. (Holdings) Limited is a private company limited by shares incorporated in England and Wales.
The registered office is 4 Batchelor Street, Chatham, Kent, ME4 4BJ.
1.1 Accounting convention
These financial statements have been prepared in accordance with Section 1A of FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
These financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Financial instruments
The Company only has financial instruments classified as basic and measured at amortised cost. The Company has no
financial instruments that are classified at 'other' or financial instruments measured at fair value.
1.3 Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends
payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.4 Group Accounts
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
2.
Employees
The company did not have any employees in the current or comparative year.
Page Two
M.S. Michael & Co. (Holdings) Limited
Notes to the Financial Statements (continued)
For the Year Ended 31st March 2024
3.
Investments
2024
2023
£
£
Shares in Subsidiary Company at cost
998
998
Details of investment
Subsidiary Company:
M.S. Michael & Co. Limited
Country of Registration:
England and Wales
Holding:
998 Ordinary Shares of £1 each
Proportion of Equity Held:
99.8%
Nature of Business:
Clothing Manufacturer
Financial information summary - subsidiary undertaking:
2024
2023
£
Aggregate
of Profits
£
Aggregate
of Profits
M.S. Michael & Co. Limited
(6,773)
(4,606)
1.
Called up Share Capital
Authorised:
80 Ordinary Shares of £1 each
80
80
400 Ordinary Shares of 5p each
20
20
100
100
Allotted:
80 Ordinary Shares of £1 each
80
80
400 Ordinary Shares of 5p each
20
20
100
100
Page Three
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