Company Registration No. 03039779 (England and Wales)
Alexander Maltby Limited
Unaudited accounts
for the year ended 31 March 2021
Alexander Maltby Limited
Unaudited accounts
Contents
Alexander Maltby Limited
Company Information
for the year ended 31 March 2021
Directors
A O'N Maltby
S C Rowland
Company Number
03039779 (England and Wales)
Registered Office
109 St. John's Hill
London
SW11 1SY
Accountants
Morgans
86 High Street
Carshalton
Surrey
SM5 3AE
Alexander Maltby Limited
Statement of financial position
as at
31 March 2021
Tangible assets
46,842
51,216
Inventories
3,603,607
3,054,088
Cash at bank and in hand
126,448
-
Creditors: amounts falling due within one year
(3,140,618)
(3,237,085)
Net current assets
1,188,240
716,942
Total assets less current liabilities
1,235,082
768,158
Creditors: amounts falling due after more than one year
(438,752)
(182,332)
Provisions for liabilities
Net assets
796,330
580,253
Called up share capital
100
100
Profit and loss account
796,230
580,153
Shareholders' funds
796,330
580,253
For the year ending 31 March 2021 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 24 December 2021 and were signed on its behalf by
A O'N Maltby
Director
Company Registration No. 03039779
Alexander Maltby Limited
Notes to the Accounts
for the year ended 31 March 2021
Alexander Maltby Limited is a private company, limited by shares, registered in England and Wales, registration number 03039779. The registered office is 109 St. John's Hill, London, SW11 1SY.
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:
Plant & machinery
over 4 years
Motor vehicles
over 4 years
Alexander Maltby Limited
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
28,000
187,306
58,232
273,538
Additions
-
2,795
-
2,795
At 31 March 2021
28,000
190,101
58,232
276,333
At 1 April 2020
6,081
161,053
55,188
222,322
Charge for the year
306
3,819
3,044
7,169
At 31 March 2021
6,387
164,872
58,232
229,491
At 31 March 2021
21,613
25,229
-
46,842
At 31 March 2020
21,919
26,253
3,044
51,216
Work in progress
3,603,607
3,054,088
Stocks are measured at the lower of cost and estimated selling price less cost to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
359,196
598,341
Other debtors
239,607
301,598
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
248,373
420,054
Trade creditors
2,441,549
2,219,229
Taxes and social security
330,767
383,549
Other creditors
119,929
214,253
8
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
438,752
182,332
Alexander Maltby Limited
Notes to the Accounts
for the year ended 31 March 2021
The ultimate controlling party is Mr. A O'N Maltby.
10
Average number of employees
During the year the average number of employees was 40 (2020: 40).