Company Registration No. 9088143 (England and Wales)
MODERN GLASS & MIRRORS LTD
Unaudited accounts
for the year ended 30 June 2018
MODERN GLASS & MIRRORS LTD
Company Information
for the year ended 30 June 2018
Directors
Mr Miroslaw DYNOWSKI
Mr Slawomir Ryszard BURY
Company Number
9088143 (England and Wales)
Registered Office
259A BURNT OAK BROADWAY
EDGWARE
MIDDLESEX
HA8 5ED
UNITED KINGDOM
MODERN GLASS & MIRRORS LTD
Statement of financial position
as at 30 June 2018
Tangible assets
37,376
15,195
Cash at bank and in hand
68,786
36,288
Creditors: amounts falling due within one year
(80,317)
(102,748)
Net current assets/(liabilities)
70,088
(15,083)
Total assets less current liabilities
107,464
112
Creditors: amounts falling due after more than one year
(9,321)
-
Called up share capital
2
2
Profit and loss account
98,141
110
Shareholders' funds
98,143
112
For the year ending 30 June 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 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.
Approved by the Board on 12 February 2019.
Mr Miroslaw DYNOWSKI
Director
Company Registration No. 9088143
MODERN GLASS & MIRRORS LTD
Notes to the Accounts
for the year ended 30 June 2018
MODERN GLASS & MIRRORS LTD is a private company, limited by shares, registered in England and Wales, registration number 9088143. The registered office is 259A BURNT OAK BROADWAY, EDGWARE, MIDDLESEX, HA8 5ED, UNITED KINGDOM.
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.
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:
Fixtures & fittings
3 years
Computer equipment
3 years
Other tangible fixed assets
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2017
18,317
-
1,200
417
19,934
Additions
-
19,322
8,395
-
27,717
At 30 June 2018
18,317
19,322
9,595
417
47,651
At 1 July 2017
3,800
-
800
139
4,739
Charge for the year
-
2,898
2,499
139
5,536
At 30 June 2018
3,800
2,898
3,299
278
10,275
At 30 June 2018
14,517
16,424
6,296
139
37,376
At 30 June 2017
14,517
-
400
278
15,195
Trade debtors
81,619
51,377
MODERN GLASS & MIRRORS LTD
Notes to the Accounts
for the year ended 30 June 2018
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
50,577
38,607
Taxes and social security
35,517
20,682
Other creditors
(5,777)
43,459
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
9,321
-
8
Average number of employees
During the year the average number of employees was 5 (2017: 5).
