Manthorpe Window Cleaning Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08719967 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

MANTHORPE WINDOW CLEANING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

S A Manthorpe

Mrs J Manthorpe

REGISTERED OFFICE:

11 Trinity Street

Bungay

Suffolk

NR35 1EH

REGISTERED NUMBER:

08719967 (England and Wales)

ACCOUNTANTS:

van Dijk Accountants

11 Trinity Street

Bungay

Suffolk

NR35 1EH

FIXED ASSETS

Intangible assets

4

8,588

8,841

Property, plant and equipment

5

3,394

4,238

11,982

13,079

CURRENT ASSETS

Inventories

200

200

Debtors

6

2,257

2,517

Cash at bank and in hand

27,327

19,181

29,784

21,898

CREDITORS

Amounts falling due within one year

7

33,596

31,003

NET CURRENT LIABILITIES

(3,812

)

(9,105

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,170

3,974

PROVISIONS FOR LIABILITIES

645

806

NET ASSETS

7,525

3,168

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,425

3,068

SHAREHOLDERS' FUNDS

7,525

3,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

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 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 Board of Directors on 9 May 2019 and were signed on its behalf by:

Mrs J Manthorpe - Director

1.	STATUTORY INFORMATION

Manthorpe Window Cleaning 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.

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

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

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

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 statement of financial position date.

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.

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 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

10,106

AMORTISATION

At 1 April 2018

1,265

Amortisation for year

253

At 31 March 2019

1,518

NET BOOK VALUE

At 31 March 2019

8,588

At 31 March 2018

8,841

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2018

and 31 March 2019

2,416

7,500

1,703

11,619

DEPRECIATION

At 1 April 2018

1,191

5,424

766

7,381

Charge for year

184

519

141

844

At 31 March 2019

1,375

5,943

907

8,225

NET BOOK VALUE

At 31 March 2019

1,041

1,557

796

3,394

At 31 March 2018

1,225

2,076

937

4,238

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

1,813

1,858

Prepayments

444

659

2,257

2,517

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Tax

7,340

6,000

Other creditors

171

137

Directors' current accounts

24,114

23,667

Accrued expenses

1,971

1,199

33,596

31,003

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2019 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

van Dijk Accountants

11 Trinity Street

Bungay

Suffolk

NR35 1EH

9 May 2019