MLP Legal Consulting Limited,Ltd - AccountsLtd - Accounts

MLP Legal Consulting Limited,Ltd - AccountsLtd - Accounts

MLP LEGAL CONSULTING LIMITED - Company Information

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2018-04-01 08355900 2019-03-31 08355900 2018-04-01 2019-03-31 08355900 2018-03-31 08355900 2017-04-01 2018-03-31 08355900 uk-core:WithinOneYear 2018-03-31 08355900 uk-core:WithinOneYear 2019-03-31 08355900 uk-core:ShareCapital 2019-03-31 08355900 uk-core:ShareCapital 2018-03-31 08355900 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 08355900 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 08355900 uk-bus:Director1 2018-04-01 2019-03-31 08355900 uk-core:ToolsEquipment 2018-04-01 2019-03-31 iso4217:GBP 08355900 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 08355900 uk-bus:FRS102 2018-04-01 2019-03-31 08355900 uk-bus:FullAccounts 2018-04-01 2019-03-31 08355900 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
MLP Legal Consulting Limited
Registered Number:08355900
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
MLP Legal Consulting Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
MLP Legal Consulting Limited
Statement of Financial Position
Registered Number :
08355900
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
1,656
2,041
2
1,656
2,041
Current assets
Trade and other receivables
25,465
3,077
3
45,531
Cash and cash equivalents
58,361
61,438
70,996
Trade and other payables: amounts falling due within one
year
(69,763)
(63,930)
4
1,233
(2,492)
Net current liabilities
Total assets less current liabilities
(836)
3,274
(315)
(388)
Provisions for liabilities
(1,151)
Net assets/liabilities
2,886
Capital and reserves
Called up share capital
100
100
Retained earnings
(1,251)
2,786
(1,151)
2,886
Shareholders' funds
For the year ended 31 March 2019 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 March 2019 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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.
Michael Polling Director
These financial statements were approved and authorised for issue by the Board on 29 July 2019 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2019
MLP Legal Consulting Limited
Notes to the Financial Statements
Statutory Information
MLP Legal Consulting Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08355900.
Registered address:
Suites 5 & 7
3rd Floor Roxby House
20-22 Station Road
Sidcup, Kent
DA15 7EJ
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 services supplied by the company, net of Value Added Tax.
Property, plant and equipment
Tangible fixed assets 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% Reducing balance
Equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Equipment
£
Cost or
valuation
At 01 April 2018
4,076
167
Additions
At 31 March 2019
4,243
Provision for depreciation and impairment
At 01 April 2018
2,035
Charge for year
552
At 31 March 2019
2,587
At 31 March 2019
Net book value
1,656
At 31 March 2018
2,041
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5
For the year ended 31 March 2019
MLP Legal Consulting Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2018
2019
£
£
Trade debtors
1,299
25,465
Other debtors
1,778
-
25,465
3,077
4. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Taxation and social security
1,096
5,287
Other creditors
62,834
64,476
63,930
69,763
5. Related party transactions
During the year ended 31 March 2019, Michael Polling, together with members of his close family, controlled the
company by virtue of a controlling interest (directly or indirectly) of 100% of the issued ordinary share capital.
During the year the company paid rent to Mr M Polling of £742 (2018- £720). The transactions were made on a
normal trading basis.
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