MFG Biofuels Finance Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08143986 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2019

FOR

MFG Biofuels Finance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

4

DIRECTOR:

Mr G L James

REGISTERED OFFICE:

2 Bankside House

Elm Road

Winchester

Hampshire

SO22 5LZ

REGISTERED NUMBER:

08143986 (England and Wales)

CURRENT ASSETS

Debtors

3

300

69

Cash at bank

54,176

82,446

54,476

82,515

CREDITORS

Amounts falling due within one year

4

65,057

90,687

NET CURRENT LIABILITIES

(10,581

)

(8,172

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,581

)

(8,172

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(10,681

)

(8,272

)

SHAREHOLDERS' FUNDS

(10,581

)

(8,172

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 26 February 2020 and were signed by:

Mr G L James - Director

1.	STATUTORY INFORMATION

MFG Biofuels Finance 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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Other debtors

300

69

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Other creditors

65,057

90,687

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 MFG Biofuels Finance Limited for the year ended 31 July 2019 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 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 MFG Biofuels Finance Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MFG Biofuels Finance Limited and state those matters that we have agreed to state to the director of MFG Biofuels Finance 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 MFG Biofuels Finance Limited and its director for our work or for this report.

It is your duty to ensure that MFG Biofuels Finance 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 MFG Biofuels Finance Limited. You consider that MFG Biofuels Finance 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 MFG Biofuels Finance 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.

26 February 2020