Angela Mortimer North West Region Ltd - Dormant accounts - members and to registrar (filleted) 18.1.1

REGISTERED NUMBER: 06504827 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

ANGELA MORTIMER NORTH WEST REGION

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

W L Mortimer

A J Mortimer

SECRETARY:

David Venus & Company LLP

REGISTERED OFFICE:

76 Wardour Street

London

W1F 0UR

REGISTERED NUMBER:

06504827 (England and Wales)

ACCOUNTANTS:

Thorne Lancaster Parker

Chartered Accountants

4th Floor

Venture House

27-29 Glasshouse Street

London

W1B 5DF

CURRENT ASSETS

Debtors

5

6,896

CREDITORS

Amounts falling due within one year

6

1,446,329

NET CURRENT LIABILITIES

(1,439,433

)

(1,439,433

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,439,433

)

(1,439,433

)

CAPITAL AND RESERVES

Called up share capital

10,100

Retained earnings

(1,449,533

)

(1,449,533

)

SHAREHOLDERS' FUNDS

(1,439,433

)

(1,439,433

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 February 2019 and were signed on its behalf
by:

W L Mortimer - Director

1.	STATUTORY INFORMATION

Angela Mortimer North West Region Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover from temporary placements is recognised when the service is provided. Turnover from permanent

placements, which is based on a percentage of the candidate's remuneration package, is recognised when the

candidate commences employment.

Turnover is stated net of VAT and provisions are made for refunds that may be due on this turnover.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straightline basis over the

period of the lease.

Financial instruments

The company has chosen to adopt Section 11 of FRS 102 in respect of financial instruments as it has only basic

financial instruments.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the income statement in other operating

expenses.

Going concern

All entities within the Angela Mortimer Plc group have confirmed they will provide the parent company, and

fellow subsidiaries where relevant, with continued financial support, when and as needed, to ensure the company

has adequate resources to continue paying debts as they fall due and to continue as a going concern for the

foreseeable future and for a period of at least 12 months from the date of approval of the financial statements.

The directors consider that due to this support from within the group it is appropriate to continue to adopt the

going concern basis in preparing the financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 6 ).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade debtors

6,896

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Amounts owed to group undertakings

1,441,179

Other creditors

5,150

1,446,329

Amounts due to the parent company are secured by a mortgage over the assets and undertaking of the company.

7.	FINANCIAL INSTRUMENTS

The company has the following financial instruments:

Financial assets that are debt instruments

2017

2016

measured at amortised cost

£

Trade receivables

6,896

37,777

37.777

Financial liabilities that are debt instruments

2017

2016

measured at amortised cost

£

Other creditors

5,150

3,835

Amounts due to group undertakings

1,441,179

1,412,097

Accruals

-

1,718

1,446,329

1,417,650

8.	CONTINGENT LIABILITIES

The company is party to a cross guarantee and debenture to secure borrowings under the group's invoice

discounting facility. The amount of borrowings under this facility at the year end was £1,074,726 (2016:

£867,558). The company is also part of a VAT group. The amount of the group VAT liability at 30 June 2017

was £217,704 (2016: £174,510).

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors the company is controlled by W L Mortimer and A J Mortimer, who are the

majority shareholders of the ultimate parent company, Angela Mortimer Plc.