M H Associates Surveyors & Project Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04664888 (England and Wales)

M H ASSOCIATES SURVEYORS &

PROJECT MANAGERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2019

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Chartered accountants' report

6

DIRECTOR:

M J Hemming

SECRETARY:

Mrs G M Hemming

REGISTERED OFFICE:

The Old Bakery

139 Half Moon Lane

London

SE24 9JY

REGISTERED NUMBER:

04664888 (England and Wales)

ACCOUNTANTS:

F W Berringer & Co

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

FIXED ASSETS

Tangible assets

4

29,979

6,050

CURRENT ASSETS

Debtors

5

86,299

61,896

Cash at bank and in hand

19,503

45,377

105,802

107,273

CREDITORS

Amounts falling due within one year

6

114,363

99,670

NET CURRENT (LIABILITIES)/ASSETS

(8,561

)

7,603

TOTAL ASSETS LESS CURRENT LIABILITIES

21,418

13,653

CREDITORS

Amounts falling due after more than one year

7

21,681

-

NET (LIABILITIES)/ASSETS

(263

)

13,653

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(265

)

13,651

SHAREHOLDERS' FUNDS

(263

)

13,653

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director on 9 February 2020 and were signed by:

M J Hemming - Director

1.	STATUTORY INFORMATION

M H Associates Surveyors & Project Managers 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect

the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and

expenditures during the year. However, the nature of estimation means that actual outcomes could differ from those

estimates. Management do not consider that there is a significant risk of causing a material adjustment to the carrying

amounts of assets and liabilities within the next financial period.

Going concern

It is the directors' opinion that the company is a going concern for the foreseeable future.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Debtors

Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured initially at fair

value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any

impairment.

Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are

shown within borrowings in current liabilities.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest

method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2018

1,950

113

-

8,971

11,034

Additions

-

-

31,363

167

31,530

At 30 September 2019

1,950

113

31,363

9,138

42,564

DEPRECIATION

At 1 October 2018

-

77

-

4,907

4,984

Charge for year

-

9

6,534

1,058

7,601

At 30 September 2019

-

86

6,534

5,965

12,585

NET BOOK VALUE

At 30 September 2019

1,950

27

24,829

3,173

29,979

At 30 September 2018

1,950

36

-

4,064

6,050

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

85,149

60,746

Other debtors

1,150

1,150

86,299

61,896

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts

2,371

-

Trade creditors

1,034

3,315

Taxation and social security

6,093

12,856

Other creditors

104,865

83,499

114,363

99,670

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

21,681

-

The following reproduces the text of the report prepared for the director 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 director 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 M H Associates Surveyors & Project Managers Limited for the year ended 30 September 2019 which comprise the

Statement of income and retained earnings, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of M H Associates Surveyors & Project Managers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M H Associates Surveyors & Project Managers Limited and state those matters that we have agreed to state to the director of M H Associates Surveyors & Project Managers Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M H Associates Surveyors & Project Managers Limited and its director for our work or for this report.

It is your duty to ensure that M H Associates Surveyors & Project Managers 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 M H Associates Surveyors & Project Managers Limited. You consider that M H Associates Surveyors & Project Managers 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 M H Associates Surveyors & Project Managers 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.

F W Berringer & Co

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

9 February 2020