MW Business Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07222837 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

MW Business Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Wiseman

REGISTERED OFFICE:

The Granary

Hones Yard

1 Waverley Lane

Farnham

Surrey

GU9 8BB

REGISTERED NUMBER:

07222837 (England and Wales)

ACCOUNTANT:

J N Flanagan ATT (Fellow)

The Granary,

Hones Yard,

1 Waverley Lane,

Farnham,

Surrey

GU9 8BB

FIXED ASSETS

Tangible assets

4

6,195

947

CURRENT ASSETS

Debtors

5

9,433

9,650

Cash at bank

2,526

1,823

11,959

11,473

CREDITORS

Amounts falling due within one year

6

15,969

10,785

NET CURRENT (LIABILITIES)/ASSETS

(4,010

)

688

TOTAL ASSETS LESS CURRENT LIABILITIES

2,185

1,635

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,184

1,634

SHAREHOLDERS' FUNDS

2,185

1,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 applicable to companies subject to the small companies regime.

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 13 September 2019 and were signed by:

M Wiseman - Director

1.	STATUTORY INFORMATION

MW Business Solutions Ltd 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

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

value added tax and other sales taxes.

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 etc

-

20% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2018

-

2,922

2,922

Additions

5,950

1,145

7,095

At 30 April 2019

5,950

4,067

10,017

DEPRECIATION

At 1 May 2018

-

1,975

1,975

Charge for year

1,190

657

1,847

At 30 April 2019

1,190

2,632

3,822

NET BOOK VALUE

At 30 April 2019

4,760

1,435

6,195

At 30 April 2018

-

947

947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

9,433

9,650

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Bank loans and overdrafts

4,232

-

Taxation and social security

8,409

9,518

Other creditors

3,328

1,267

15,969

10,785