Company Registration No. 08555346 (England and Wales)
Martha Brook Ltd
Unaudited accounts
for the year ended 31 March 2021
Martha Brook Ltd
Unaudited accounts
Contents
Martha Brook Ltd
Company Information
for the year ended 31 March 2021
Directors
M M Keith
C M Keith
Company Number
08555346 (England and Wales)
Registered Office
Q West
1110 Great West Road
Brentford
Middlesex
TW8 0GP
England
Accountants
Zyla Accountants Limited
85 Great Portland Street
London
W1W 7LT
Martha Brook Ltd
Statement of financial position
as at
31 March 2021
Tangible assets
32,057
16,416
Inventories
92,985
84,146
Cash at bank and in hand
182,357
29,629
Creditors: amounts falling due within one year
(88,136)
(55,852)
Net current assets
199,074
64,340
Total assets less current liabilities
231,131
80,756
Creditors: amounts falling due after more than one year
(30,000)
-
Net assets
201,131
80,756
Called up share capital
2
2
Profit and loss account
2,105
80,754
Shareholders' funds
201,131
80,756
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 10 November 2021 and were signed on its behalf by
C M Keith
Director
Company Registration No. 08555346
Martha Brook Ltd
Notes to the Accounts
for the year ended 31 March 2021
Martha Brook Ltd is a private company, limited by shares, registered in England and Wales, registration number 08555346. The registered office is Q West, 1110 Great West Road, Brentford, Middlesex, TW8 0GP, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
3 - 7 years straight line
Fixtures & fittings
5 years straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Martha Brook Ltd
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2020
42,217
418
42,635
Additions
22,837
287
23,124
At 31 March 2021
65,054
705
65,759
At 1 April 2020
26,054
165
26,219
Charge for the year
7,384
99
7,483
At 31 March 2021
33,438
264
33,702
At 31 March 2021
31,616
441
32,057
At 31 March 2020
16,163
253
16,416
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
1,794
2,091
Accrued income and prepayments
5,269
-
Other debtors
4,805
4,326
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
57,594
39,316
Taxes and social security
27,708
8,671
Other creditors
2,647
6,845
Loans from directors
-
270
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 14 (2020: 11).