Murder Weekends Limited - Period Ending 2018-07-31

Company registration number: 01746638

Murder Weekends Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 July 2018

Abrams Ashton
Chartered Accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

Murder Weekends Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	5 to 8

Murder Weekends Limited

Company Information

Directors

Miss J A Swift MBE Miss G Brown

Registered office

21 College Road North Liverpool Merseyside L23 8UR

Accountants

Abrams Ashton Chartered Accountants 7 Waterside Court St. Helens Merseyside WA9 1UA

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Murder Weekends Limited
for the Year Ended 31 July 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Murder Weekends Limited for the year ended 31 July 2018 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Murder Weekends Limited, as a body, in accordance with the terms of our engagement letter dated 1 September 2016. Our work has been undertaken solely to prepare for your approval the accounts of Murder Weekends Limited and state those matters that we have agreed to state to the Board of Directors of Murder Weekends Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Murder Weekends Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Murder Weekends 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 profit of Murder Weekends Limited. You consider that Murder Weekends 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 Murder Weekends 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.

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

Abrams Ashton
Chartered Accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

1 March 2019

Page 2

Murder Weekends Limited

(Registration number: 01746638)
Balance Sheet as at 31 July 2018

	Note	2018 £	2017 £
Fixed assets
Tangible assets	5	1,693	2,537
Current assets
Stocks	6	570	630
Debtors	7	61,579	97,392
Cash at bank and in hand		214	677
		62,363	98,699
Creditors: Amounts falling due within one year	8	(39,324)	(49,896)
Net current assets		23,039	48,803
Total assets less current liabilities		24,732	51,340
Creditors: Amounts falling due after more than one year	8	(13,070)	(19,737)
Provisions for liabilities		(322)	(482)
Net assets		11,340	31,121
Capital and reserves
Called up share capital		100	100
Profit and loss account		11,240	31,021
Total equity		11,340	31,121

For the financial year ending 31 July 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

The notes on pages 5 to 8 form an integral part of these financial statements.

Page 3

Murder Weekends Limited

(Registration number: 01746638)
Balance Sheet as at 31 July 2018

Approved and authorised by the Board on 25 February 2019 and signed on its behalf by:
 

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

Miss J A Swift MBE
Director

The notes on pages 5 to 8 form an integral part of these financial statements.

Page 4

Murder Weekends Limited

Notes to the Financial Statements for the Year Ended 31 July 2018

1	General information

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

The principal place of business is:
21 College Road North
Liverpool
Merseyside
L23 8UR
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the sale of goods and services net of value added tax, rebates and discounts. Sales of goods and services are recognised when the company has delivered the goods and services to the customer.

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax has not been discounted.

Tangible assets

Tangible assets are initially recorded at cost.

Depreciation

Depreciation is charged so as to write off the cost an asset, less its residual value, over the useful economic life of that asset as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Computer equipment	33% straight line

Trademark

Trademarks are valued at cost.

Page 5

Murder Weekends Limited

Notes to the Financial Statements for the Year Ended 31 July 2018

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Trademark	20% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2017 - 3).

Page 6

Murder Weekends Limited

Notes to the Financial Statements for the Year Ended 31 July 2018

4	Intangible assets

	Trademark £	Total £
Cost or valuation
At 1 August 2017	2,070	2,070
At 31 July 2018	2,070	2,070
Amortisation
At 1 August 2017	2,070	2,070
At 31 July 2018	2,070	2,070
Carrying amount
At 31 July 2018	-	-

5	Tangible assets

	Fixtures and fittings £	Computer equipment £	Total £
Cost or valuation
At 1 August 2017	23,347	11,081	34,428
At 31 July 2018	23,347	11,081	34,428
Depreciation
At 1 August 2017	21,800	10,091	31,891
Charge for the year	232	612	844
At 31 July 2018	22,032	10,703	32,735
Carrying amount
At 31 July 2018	1,315	378	1,693
At 31 July 2017	1,547	990	2,537

6

Stocks

	2018 £	2017 £
Finished goods and goods for resale	570	630

7

Debtors

	2018 £	2017 £
Other debtors	61,579	97,392
	61,579	97,392

Page 7

Murder Weekends Limited

Notes to the Financial Statements for the Year Ended 31 July 2018

8

Creditors

Creditors: amounts falling due within one year

	Note	2018 £	2017 £
Due within one year
Bank loans and overdrafts		9,940	18,137
Trade creditors		1,697	1,879
Other creditors		22,285	23,523
Corporation tax		5,402	6,357
		39,324	49,896

Creditors: amounts falling due after more than one year

	Note	2018 £	2017 £
Due after one year
Loans and borrowings		13,070	19,737

9	Related party transactions

Transactions with directors

2018	At 1 August 2017 £	Advances to directors £	Repayments by director £	At 31 July 2018 £
Miss J A Swift MBE
Loan	77,949	28,022	(63,488)	42,483

2017	At 1 August 2016 £	Advances to directors £	Repayments by director £	At 31 July 2017 £
Miss J A Swift MBE
Loan	101,711	31,891	(55,653)	77,949

Page 8