RECYCLING_MACHINERY_GROUP - Accounts


Company Registration Number 10109743 (England and Wales)
RECYCLING MACHINERY GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018
PAGES FOR FILING WITH REGISTRAR
RECYCLING MACHINERY GROUP LIMITED
BALANCE SHEET
AS AT 31 JULY 2018
31 July 2018
- 1 -
2018
2017
£
£
£
£
Fixed assets
-
10
Current assets
573,471
664,491
Prepayments and accrued income
53
53
Creditors: amounts falling due within one year
(84,035)
(337,881)
Net current assets
489,489
326,663
Total assets less current liabilities
489,489
326,673
Net assets
489,489
326,673
Capital and reserves
489,489
326,673
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
Related Party Transactions

The company received £139,936 (2017 - £72,500) in dividends from Tana Recycling Machinery (UK) Limited.

 

The company sold 100% of the shares in Tana Recycling Machinery (UK) Limited during the year.

 

During the year the company paid out loans totalling £171,031 to Eco-Power Environmental Limited, a company in which Mark Jepson is also a director. The balance due at 31 July 2018 was £89,331 (2017- £81,200 Credit), this loan bears no right to interest and has no fixed repayment terms.

 

At the year end the company was due £483,239 (2017- £633,239) from Waste to Energy Assets Limited, a company in which Mark Jepson is also a director. This loan bears no right to interest and has no fixed repayment terms.

Recycling Machinery Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Millfield Industrial Estate, Bentley, Doncaster, South Yorkshire, DN5 0SJ.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 July 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

RECYCLING MACHINERY GROUP LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2018
31 July 2018
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 30 April 2019 and are signed on its behalf by:
Mr D  Colakovic
Director
Company Registration Number 10109743
2018-07-312017-08-01falseCCH SoftwareCCH Accounts Production 2019.100No description of principal activityMr D ColakovicMr M M Jepson101097432017-08-012018-07-31101097432018-07-31101097432017-07-3110109743core:CurrentFinancialInstrumentscore:WithinOneYear2018-07-3110109743core:CurrentFinancialInstrumentscore:WithinOneYear2017-07-3110109743bus:Director12017-08-012018-07-3110109743bus:PrivateLimitedCompanyLtd2017-08-012018-07-3110109743bus:Micro-entities2017-08-012018-07-3110109743bus:AuditExemptWithAccountantsReport2017-08-012018-07-3110109743bus:SmallCompaniesRegimeForAccounts2017-08-012018-07-3110109743bus:Director22017-08-012018-07-3110109743bus:FullAccounts2017-08-012018-07-31xbrli:purexbrli:sharesiso4217:GBP