Angela Mee Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04795638 (England and Wales)

Angela Mee Limited

Unaudited Financial Statements

for the Year Ended 30 November 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Angela Mee

A Mee

SECRETARY:

Mrs Angela Mee

REGISTERED OFFICE:

Lymore Villa

162a London Road

Chesterton

Stoke-on-Trent

Staffordshire

ST5 7JB

REGISTERED NUMBER:

04795638 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Intangible assets

5

8,378

9,558

Tangible assets

6

13,567

15,165

21,945

24,723

CURRENT ASSETS

Stocks

10,049

9,757

Debtors

7

213

343

Cash in hand

50

50

10,312

10,150

CREDITORS

Amounts falling due within one year

8

66,352

62,096

NET CURRENT LIABILITIES

(56,040

)

(51,946

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(34,095

)

(27,223

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(34,097

)

(27,225

)

SHAREHOLDERS' FUNDS

(34,095

)

(27,223

)

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 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 16 April 2019 and were signed on its behalf by:

A Mee - Director

1.	STATUTORY INFORMATION

Angela Mee 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoice value of services provided, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, 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.

Equipment

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

obsolete and slow moving items.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2017 - 11 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2017

and 30 November 2018

23,600

AMORTISATION

At 1 December 2017

14,042

Charge for year

1,180

At 30 November 2018

15,222

NET BOOK VALUE

At 30 November 2018

8,378

At 30 November 2017

9,558

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 December 2017

and 30 November 2018

9,758

31,821

8,992

50,571

DEPRECIATION

At 1 December 2017

6,874

20,366

8,166

35,406

Charge for year

288

1,145

165

1,598

At 30 November 2018

7,162

21,511

8,331

37,004

NET BOOK VALUE

At 30 November 2018

2,596

10,310

661

13,567

At 30 November 2017

2,884

11,455

826

15,165

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

213

343

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

2,252

4,355

Trade creditors

4,910

2,462

Taxation and social security

10,068

9,567

Other creditors

49,122

45,712

66,352

62,096

9.	RELATED PARTY DISCLOSURES

The company owed its directors Mr and Mrs Mee £42,920 as at 30 November 2018 ( 2017 £38,703).

The loan is interest free and repayable on demand.