Murley Whitfield Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06481799 (England and Wales)

MURLEY WHITFIELD DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I L Murley

SECRETARY:

S Murley

REGISTERED OFFICE:

27a Lidget Hill

Pudsey

West Yorkshire

LS28 7LG

REGISTERED NUMBER:

06481799 (England and Wales)

ACCOUNTANTS:

BPR Heaton

Chartered Accountants

27a Lidget Hill

Pudsey

Leeds

LS28 7LG

FIXED ASSETS

Tangible assets

4

23,745

13,304

CURRENT ASSETS

Stocks

500

1,005,716

Debtors

5

11,844

9,017

Cash at bank

808,318

1,922

820,662

1,016,655

CREDITORS

Amounts falling due within one year

6

611,860

1,123,825

NET CURRENT ASSETS/(LIABILITIES)

208,802

(107,170

)

TOTAL ASSETS LESS CURRENT LIABILITIES

232,547

(93,866

)

PROVISIONS FOR LIABILITIES

4,037

-

NET ASSETS/(LIABILITIES)

228,510

(93,866

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

228,410

(93,966

)

SHAREHOLDERS' FUNDS

228,510

(93,866

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 April 2019 and were signed by:

I L Murley - Director

1.	STATUTORY INFORMATION

Murley Whitfield Developments Limited 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net invoiced sales of property and services, excluding value added tax.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the

contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial

assets classified as at fair value through profit or loss.

Basic financial instruments

Basic financial instruments are those with relatively straight forward terms and would normally include

cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal

commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at

transaction price less impairment (if any) due to concerns over recoverability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2017

33,964

Additions

18,942

Disposals

(7,000

)

At 30 November 2018

45,906

DEPRECIATION

At 1 December 2017

20,660

Charge for year

7,916

Eliminated on disposal

(6,415

)

At 30 November 2018

22,161

NET BOOK VALUE

At 30 November 2018

23,745

At 30 November 2017

13,304

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

11,844

9,017

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

751

-

Taxation and social security

56,022

60

Other creditors

555,087

1,123,765

611,860

1,123,825