Milk and Honey Caterers Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10046631 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 JULY 2018

FOR

MILK AND HONEY CATERERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

MS S Scott

REGISTERED OFFICE:

44 Front Street

Benton

Newcastle Upon Tyne

United Kingdom

NE7 7XE

REGISTERED NUMBER:

10046631 (England and Wales)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

FIXED ASSETS

Tangible assets

4

12,798

-

CURRENT ASSETS

Debtors

5

-

23,028

Cash at bank

7,423

1,687

7,423

24,715

CREDITORS

Amounts falling due within one year

6

27,248

26,200

NET CURRENT LIABILITIES

(19,825

)

(1,485

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,027

)

(1,485

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(7,127

)

(1,585

)

(7,027

)

(1,485

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 July 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 29 July 2019 and were signed by:

MS S Scott - Director

1.	STATUTORY INFORMATION

Milk and Honey Caterers Ltd 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.

The financial statements are presented in Sterling (£) which is the functional currency of the company rounded to the nearest

£.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The company meets its day to day working capital requirements through a director's loan. The director will continue to

support the company until sufficient profitability is achieved and on this basis consider it appropriate to prepare the accounts

on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that

it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

15,997

At 1 July 2018

15,997

DEPRECIATION

Charge for year

3,199

At 1 July 2018

3,199

NET BOOK VALUE

At 1 July 2018

12,798

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

-

23,028

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other creditors

27,248

26,200