Maurice Parker Interiors Limited - Period Ending 2021-03-31

Maurice Parker Interiors Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5

Maurice Parker Interiors Limited

Company Information

Director

A W Jones

Registered office

Alfred House Alfreton Road Derby Alfred House Derby Derby DE21 4AF

Bankers

National Westminster Bank Plc 58 St. Peter's Street Derby DE1 1XL

Accountants

Ashgates Corporate Services Limited 5 Prospect Place Millennium Way Pride Park Derby DE24 8HG

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Maurice Parker Interiors Limited
for the Year Ended 31 March 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Maurice Parker Interiors Limited for the year ended 31 March 2021 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/gb/en/
discover/public-value/rulebook.html.

This report is made solely to the Board of Directors of Maurice Parker Interiors Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Maurice Parker Interiors Limited and state those matters that we have agreed to state to the Board of Directors of Maurice Parker Interiors Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/
factsheet-163-audit-exempt-companies.html.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Maurice Parker Interiors Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Maurice Parker Interiors Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Maurice Parker Interiors Limited. You consider that Maurice Parker Interiors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Maurice Parker Interiors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................................
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG

20 August 2021

Maurice Parker Interiors Limited

(Registration number: 07303556)
Balance Sheet as at 31 March 2021

	2021 £	2020 £
Fixed assets	4,576	9,493
Current assets	137,546	103,561
Prepayments and accrued income	120	360
Creditors: Amounts falling due within one year	(69,159)	(56,467)
Net current assets	68,507	47,454
Total assets less current liabilities	73,083	56,947
Accruals and deferred income	(23,704)	(3,214)
	49,379	53,733
Capital and reserves	49,379	53,733

Maurice Parker Interiors Limited

(Registration number: 07303556)
Balance Sheet as at 31 March 2021

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 19 August 2021
 

.........................................

A W Jones
Director

Maurice Parker Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

1	General information

The address of the registered office is given in the company information on page 1 of the financial statements.

The company is a private company limited by share capital, incorporated in England.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 105 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements are presented in Sterling (£) and rounded to the nearest £1.

Going concern
The emergence of the global pandemic known as Covid-19 has raised significant uncertainty throughout the UK economy. The Company is making use of the Government support schemes and is working closely with customers and suppliers to review their plans and expected activities in the coming months.

At the time of approving the accounts there is uncertainty over the projected income for the company because this pandemic is unprecedented so no one can accurately predict how the economy will react over the coming year.

Consideration has been given to the risks of reduced turnover, slow payment or non-payment of debts, the value of stock and other assets owned by the company. The going concern of the business will be dependent on achieving minimum income projections as well as on the continued financial support of shareholders and the Government support schemes.

Based on the information available and using a reasonable range of assumptions, the business can continue as a going concern and the accounts have been prepared on this basis.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2020 - 1).

3	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of contingencies not included in the balance sheet is £108,000 (2020 - £144,000). The company has agreed to guarantee certain payment obligations on behalf of the parent company. This is supported by a debenture over the company's assets. The future outcome is dependant upon future payment obligations met by the parent company.