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Company registration number: 12126544
Michelle Marshall Cardiff Ltd
Trading as Duke Street Salon
Unaudited filleted abridged financial statements
31 July 2024
Michelle Marshall Cardiff Ltd
Contents
Directors and other information
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Michelle Marshall Cardiff Ltd
Directors and other information
Director Mrs Michelle Marshall
Company number 12126544
Registered office 18 Clos Y Dyfrgi
Thornhill
Cardiff
CF14 9HW
Business address 9-11 Duke Street Arcade
Cardiff
CF10 1AZ
Bankers Barclays Bank UK Plc
1 Churchill Place
London
E14 5HP
Michelle Marshall Cardiff Ltd
Abridged statement of financial position
31 July 2024
2024 2023
Note £ £ £ £
Current assets
Debtors 19,354 20,804
Cash at bank and in hand - 1,665
_______ _______
19,354 22,469
Creditors: amounts falling due
within one year ( 243) -
_______ _______
Net current assets 19,111 22,469
_______ _______
Total assets less current liabilities 19,111 22,469
_______ _______
Net assets 19,111 22,469
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 19,110 22,468
_______ _______
Shareholder funds 19,111 22,469
_______ _______
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 16 April 2025 , and are signed on behalf of the board by:
Mrs Michelle Marshall
Director
Company registration number: 12126544
Michelle Marshall Cardiff Ltd
Statement of changes in equity
Year ended 31 July 2024
Called up share capital Profit and loss account Total
£ £ £
At 1 August 2022 1 23,325 23,326
Loss for the year ( 857) ( 857)
_______ _______ _______
Total comprehensive income for the year - ( 857) ( 857)
_______ _______ _______
At 31 July 2023 and 1 August 2023 1 22,468 22,469
Loss for the year ( 726) ( 726)
_______ _______ _______
Total comprehensive income for the year - ( 726) ( 726)
Dividends paid and payable ( 2,632) ( 2,632)
_______ _______ _______
Total investments by and distributions to owners - ( 2,632) ( 2,632)
_______ _______ _______
At 31 July 2024 1 19,110 19,111
_______ _______ _______
Michelle Marshall Cardiff Ltd
Notes to the financial statements
Year ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in Wales. The address of the registered office is 18 Clos Y Dyfrgi, Thornhill, Cardiff, CF14 9HW.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mrs Michelle Marshall - - -
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mrs Michelle Marshall ( 4,560) 4,560 -
_______ _______ _______