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

REGISTERED NUMBER: 10196307 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2019

for

Maycomb Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H G D Reid

F J Schiff

REGISTERED OFFICE:

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

REGISTERED NUMBER:

10196307 (England and Wales)

ACCOUNTANTS:

PB Associates

Chartered Accountants and Chartered Tax Advisers

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

CURRENT ASSETS

Debtors

3

41,770

1,033

Cash at bank

18,925

290,577

60,695

291,610

CREDITORS

Amounts falling due within one year

4

8,942

134,092

NET CURRENT ASSETS

51,753

157,518

TOTAL ASSETS LESS CURRENT LIABILITIES

51,753

157,518

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

6

51,653

157,418

SHAREHOLDERS' FUNDS

51,753

157,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 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 12 November 2019 and were signed on its behalf by:

H G D Reid - Director

F J Schiff - Director

1.	STATUTORY INFORMATION

Maycomb 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

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

value added tax and other sales taxes.

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.

DEBTORS

28.2.19

28.2.18

£

£

Amounts falling due within one year:

Other debtors

25,532

1,033

Amounts falling due after more than one year:

Amounts owed by group undertakings

16,238

-

Aggregate amounts

41,770

1,033

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Trade creditors

1

-

Taxation and social security

(9

)

37,130

Other creditors

8,950

96,962

8,942

134,092

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.19

28.2.18

value:

£

£

100

Ordinary

£1.00

100

100

6.

RESERVES

Retained

earnings

£

At 1 March 2018

157,418

Deficit for the year

(105,765

)

At 28 February 2019

51,653