MANLY COMPANY LIMITED

Company Registration Number:
03090889 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

MANLY COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

MANLY COMPANY LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 74,218 90,507
Total fixed assets: 74,218 90,507
Current assets
Stocks: 5,040 5,847
Debtors:   207,068 134,325
Cash at bank and in hand: 97,785 133,743
Total current assets: 309,893 273,915
Creditors: amounts falling due within one year:   (167,561) (146,259)
Net current assets (liabilities): 142,332 127,656
Total assets less current liabilities: 216,550 218,163
Creditors: amounts falling due after more than one year:   (10,000) (20,000)
Total net assets (liabilities): 206,550 198,163
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 206,450 198,063
Shareholders funds: 206,550 198,163

The notes form part of these financial statements

MANLY COMPANY LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 April 2025
and signed on behalf of the board by:

Name: Mr A J Lee
Status: Director

The notes form part of these financial statements

MANLY COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & Machinery - 15% reducing balance Motor Vehicles - 25% reducing balance Fixtures & Fittings - 15% reducing balance

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads

MANLY COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 4 6

MANLY COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 415,224
At 31 July 2024 415,224
Depreciation
At 01 August 2023 324,717
Charge for year 16,289
At 31 July 2024 341,006
Net book value
At 31 July 2024 74,218
At 31 July 2023 90,507