Melrosa Marble & Granite Limited
|
Registered Number
:
08672088
|
For the year ended 30 September 2021
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2021
Melrosa Marble & Granite Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
Melrosa Marble & Granite Limited
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
182,321
167,916
2
182,321
167,916
160,000
160,000
3
Trade and other receivables
|
466,380
817,275
4
81,252
Cash and cash equivalents
|
71,057
1,048,332
707,632
Trade and other payables
:
amounts falling due within
|
one year
|
(344,035)
(658,295)
5
363,597
390,037
Net current assets
Total assets less current liabilities
|
572,358
531,513
Trade and other payables
:
amounts falling due after
|
more than one year
|
(96,571)
(113,221)
6
-
(1,749)
Provisions for liabilities
|
459,137
Net assets
433,193
100
100
459,037
433,093
459,137
433,193
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as
|
at the end of each financial year and of its profit or loss for each financial year in accordance with the
|
requirements of Section
394
and
395
and which otherwise comply with the requirements of the
|
Companies Act
2006
relating to financial statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
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For the year ended 30 September 2021
Melrosa Marble & Granite Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 30 September 2022 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 September 2021
Melrosa Marble & Granite Limited
Notes to the Financial Statements
Statutory Information
Melrosa Marble
&
Granite Limited is a private limited company
,
limited by shares
,
domiciled in England
|
and Wales
,
registration number
08672088
.
|
Unit 2B
Rosebridge Way, Off Manchester Road
Ince
Wigan
WN1 3DG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of
|
Financial Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic
|
of Ireland
'
and the Companies Act
2006
.
The financial statements have been prepared under the
|
historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
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For the year ended 30 September 2021
Melrosa Marble & Granite Limited
Notes to the Financial Statements Continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge of the net obligation outstanding in each period. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
|
2
.
Property
,
plant and equipment
|
358,460
5,595
9,570
340,525
2,770
59,000
-
59,000
-
-
340,525
68,570
5,595
417,460
2,770
Provision for depreciation and impairment
|
190,544
4,347
9,569
175,243
1,385
Charge for year
44,595
1,119
14,750
28,449
277
235,139
5,466
24,319
203,692
1,662
1,108
136,833
44,251
129
182,321
1,385
165,282
1
1,248
167,916
2020
2021
160,000
160,000
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For the year ended 30 September 2021
Melrosa Marble & Granite Limited
Notes to the Financial Statements Continued
4
.
Trade and other receivables
|
2020
2021
799,488
244,393
17,787
221,987
466,380
817,275
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
449,799
185,616
Taxation and social security
|
204,715
157,093
3,781
1,326
658,295
344,035
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
46,256
50,000
66,965
46,571
113,221
96,571
7
.
Average number of persons employed
|
During the year the average number of employees was 17 (2020 : 17)
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