Company Registration No. 8525527 (England and Wales)
MAKE TIME COUNT LTD
Unaudited accounts
for the year ended 31 May 2018
MAKE TIME COUNT LTD
Unaudited accounts
Contents
MAKE TIME COUNT LTD
Company Information
for the year ended 31 May 2018
Director
Magdalena Bak-Maier
Company Number
8525527 (England and Wales)
Registered Office
145-157 ST JOHN STREET
LONDON
EC1V 4PW
Accountants
Taxcorrect Accountants Ltd
138-140 Southwark Street
London
SE1 0SW
MAKE TIME COUNT LTD
Statement of financial position
as at 31 May 2018
Cash at bank and in hand
165,600
81,295
Creditors: amounts falling due within one year
(27,717)
(21,195)
Net current assets
137,883
60,100
Called up share capital
1
1
Profit and loss account
138,267
61,206
Shareholders' funds
138,268
61,207
For the year ending 31 May 2018 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 director acknowledges her 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.
Approved by the Board on 27 February 2019.
Magdalena Bak-Maier
Director
Company Registration No. 8525527
MAKE TIME COUNT LTD
Notes to the Accounts
for the year ended 31 May 2018
MAKE TIME COUNT LTD is a private company, limited by shares, registered in England and Wales, registration number 8525527. The registered office is 145-157 ST JOHN STREET, LONDON, EC1V 4PW.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2017
1,540
1,348
2,888
At 31 May 2018
1,540
1,348
2,888
At 1 June 2017
770
1,011
1,781
Charge for the year
385
337
722
At 31 May 2018
1,155
1,348
2,503
At 31 May 2017
770
337
1,107
MAKE TIME COUNT LTD
Notes to the Accounts
for the year ended 31 May 2018
5
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
26,727
19,613
Loans from directors
375
967
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).
