REGISTERED NUMBER:
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MY MASK FIT LIMITED |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 17 JUNE 2020 TO 31 MARCH 2021 |
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REGISTERED NUMBER:
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MY MASK FIT LIMITED |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 17 JUNE 2020 TO 31 MARCH 2021 |
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MY MASK FIT LIMITED (REGISTERED NUMBER: 12677957) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17 JUNE 2020 TO 31 MARCH 2021 |
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Page |
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Balance Sheet | 1 |
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Notes to the Financial Statements | 2 |
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MY MASK FIT LIMITED (REGISTERED NUMBER: 12677957) |
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BALANCE SHEET |
31 MARCH 2021 |
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Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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CURRENT ASSETS |
Stocks |
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Debtors | 5 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
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MY MASK FIT LIMITED (REGISTERED NUMBER: 12677957) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17 JUNE 2020 TO 31 MARCH 2021 |
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1. | STATUTORY INFORMATION |
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My Mask Fit Limited is a
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Registered number: | 12677957 |
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Registered office: | 38-40 Carnglas Road |
Tycoch |
Swansea |
West Glamorgan |
SA2 9BW |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Government grants |
Government grants received are shown in full in the profit and loss account. |
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Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
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Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
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Taxation |
Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
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Research and development |
Expenditure on research and development is written off in the year in which it is incurred. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
MY MASK FIT LIMITED (REGISTERED NUMBER: 12677957) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 17 JUNE 2020 TO 31 MARCH 2021 |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
Additions |
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At 31 March 2021 |
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DEPRECIATION |
Charge for period |
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At 31 March 2021 |
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NET BOOK VALUE |
At 31 March 2021 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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7. | RELATED PARTY DISCLOSURES |
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Monies were owed to the directors at the end of the period amounting to £28,305 |
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The company is under the control of the directors who own the majority of the issued share capital |