MD (Billingham) Ltd,Ltd - AccountsLtd - Accounts

MD (Billingham) Ltd,Ltd - AccountsLtd - Accounts

M.D. (BILLINGHAM) LIMITED - Company Information

Print Friendly Version

2017-11-01 07051720 2018-10-31 07051720 2017-11-01 2018-10-31 07051720 2017-10-31 07051720 2016-11-01 2017-10-31 07051720 uk-core:WithinOneYear 2017-10-31 07051720 uk-core:WithinOneYear 2018-10-31 07051720 uk-core:ShareCapital 2018-10-31 07051720 uk-core:ShareCapital 2017-10-31 07051720 uk-core:RetainedEarningsAccumulatedLosses 2018-10-31 07051720 uk-core:RetainedEarningsAccumulatedLosses 2017-10-31 07051720 uk-bus:Director1 2017-11-01 2018-10-31 07051720 uk-core:ToolsEquipment 2017-11-01 2018-10-31 iso4217:GBP 07051720 uk-bus:AuditExemptWithAccountantsReport 2017-11-01 2018-10-31 07051720 uk-bus:FRS102 2017-11-01 2018-10-31 07051720 uk-bus:FullAccounts 2017-11-01 2018-10-31 07051720 uk-bus:PrivateLimitedCompanyLtd 2017-11-01 2018-10-31
MD (Billingham) Ltd
Registered Number:07051720
For the year ended 31 October 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2018
MD (Billingham) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 October 2018
MD (Billingham) Ltd
Statement of Financial Position
Registered Number :
07051720
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
1,139
1,709
2
1,139
1,709
Current assets
Trade and other receivables
27,529
14,339
3
8,913
Cash and cash equivalents
28,323
42,662
36,442
Trade and other payables: amounts falling due within one
year
(37,598)
(35,283)
4
(1,156)
7,379
Net current assets
Total assets less current liabilities
8,518
553
8,518
Net assets
553
Capital and reserves
Called up share capital
3
3
Retained earnings
8,515
550
8,518
553
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mark George Davies Director
These financial statements were approved and authorised for issue by the Board on 28 July 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 October 2018
MD (Billingham) Ltd
Notes to the Financial Statements
Statutory Information
MD (Billingham) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07051720.
Registered address:
67 Bedale Avenue
Billingham
TS23 1AP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 November 2017
3,893
At 31 October 2018
3,893
Provision for depreciation and impairment
At 01 November 2017
2,184
Charge for year
570
At 31 October 2018
2,754
At 31 October 2018
Net book value
1,139
At 31 October 2017
1,709
2 of 3
5
For the year ended 31 October 2018
MD (Billingham) Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2017
2018
£
£
Trade debtors
11,180
18,060
Other debtors
3,159
9,469
27,529
14,339
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Taxation and social security
33,843
36,158
Other creditors
1,440
1,440
35,283
37,598
3 of 3