Mitregrange Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02299537 (England and Wales)

Unaudited Financial Statements For The Year Ended 31st December 2018

for

Mitregrange Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

5

DIRECTORS:

G J Edwards

W M Radford

SECRETARY:

W M Radford

REGISTERED OFFICE:

28-32 King Street

Kings Lynn

Norfolk

PE30 1HQ

BUSINESS ADDRESS:

c/o Manor Farmhouse

Rudham Road

Harpley

Kings Lynn

Norfolk

PE31 6TH

REGISTERED NUMBER:

02299537 (England and Wales)

ACCOUNTANTS:

Aston Shaw - Kings Lynn

11 King Street

King's Lynn

Norfolk

PE30 1ET

CURRENT ASSETS

Debtors

4

71,062

70,998

CREDITORS

Amounts falling due within one year

5

541

702

NET CURRENT ASSETS

70,521

70,296

TOTAL ASSETS LESS CURRENT LIABILITIES

70,521

70,296

CREDITORS

Amounts falling due after more than one year

6

60,220

59,848

NET ASSETS

10,301

10,448

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

10,201

10,348

SHAREHOLDERS' FUNDS

10,301

10,448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 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 Board of Directors on 27th September 2019 and were signed on its behalf by:

G J Edwards - Director

1.	STATUTORY INFORMATION

Mitregrange 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.

The accounts have been prepared on a cessation basis as the company ceased to trade on the 31st December

2014. All assets and liabilities have been written to their recoverable amounts.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet 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 NIL (2017 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

£

Trade debtors

65,576

65,512

Foreign tax refund due

5,486

5,486

71,062

70,998

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

£

Accrued expenses

541

702

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/18

31/12/17

£

£

Berry and Walton Limited

29,924

29,924

W M Radford

29,924

29,924

The estate of David Berry

372

-

60,220

59,848

The amounts owing by the company to W M Radford are secured by a debenture dated 10th April 1992.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/18

31/12/17

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1st January 2018

10,348

Deficit for the year

(147

)

At 31st December 2018

10,201

9.	RELATED PARTY DISCLOSURES

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 Balance Sheet. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Mitregrange Limited for the year ended 31st December 2018 which comprise the Income

Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Mitregrange Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mitregrange Limited and state those matters that we have agreed to state to the Board of Directors of Mitregrange Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mitregrange Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mitregrange Limited. You consider that Mitregrange Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mitregrange Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Aston Shaw - Kings Lynn

11 King Street

King's Lynn

Norfolk

PE30 1ET

27th September 2019