MONTIMC CARPENTRY & FITOUT LIMITED

MONTIMC CARPENTRY & FITOUT LIMITED

CLINICAL CFR LTD - Company Information

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MONTIMC CARPENTRY & FITOUT LIMITED

Company Registration Number:
NI654424 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2019

Period of accounts

Start date: 18 July 2018

End date: 31 July 2019

MONTIMC CARPENTRY & FITOUT LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2019

Balance sheet
Notes

MONTIMC CARPENTRY & FITOUT LIMITED

Balance sheet

As at 31 July 2019


Notes
2019


£
Fixed assets
Intangible assets:   0
Tangible assets: 2 15,955
Investments:   0
Total fixed assets: 15,955
Current assets
Stocks: 0
Debtors: 3 8,665
Cash at bank and in hand: 190
Investments:   0
Total current assets: 8,855
Creditors: amounts falling due within one year: 4 (12,929)
Net current assets (liabilities): (4,074)
Total assets less current liabilities: 11,881
Creditors: amounts falling due after more than one year: 5 (12,645)
Provision for liabilities: (3,000)
Total net assets (liabilities): (3,764)
Capital and reserves
Called up share capital: 2
Share premium account: 0
Revaluation reserve: 0
Other reserves: 0
Profit and loss account: (3,766)
Shareholders funds: (3,764)

The notes form part of these financial statements

MONTIMC CARPENTRY & FITOUT LIMITED

Balance sheet statements

For the year ending 31 July 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 February 2020
and signed on behalf of the board by:

Name: Mr Jonathan McCloughan
Status: Director

The notes form part of these financial statements

MONTIMC CARPENTRY & FITOUT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value over the useful economic life of that asset.If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Intangible fixed assets and amortisation policy

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life or residual value of an intangible asset. the amortisation is revised prospectively to reflect the new estimates.

Other accounting policies

StocksStocks are measured at the lower of cost and estimated selling priceless costs to complete and sell. Cost includes all costs of purchase, cost of conversion and other costs incurred in bringing the stocks to their present location and condition.TaxationThe taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case tax is recognised in other comprehensive income or directly in capital and reserves respectively.Current tax is recognised on taxable profits for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

MONTIMC CARPENTRY & FITOUT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2019

2. Tangible Assets

Total
Cost £
Additions 19,943
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2019 19,943
Depreciation
Charge for year 3,988
On disposals 0
Other adjustments 0
At 31 July 2019 3,988
Net book value
At 31 July 2019 15,955

MONTIMC CARPENTRY & FITOUT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2019

3. Debtors

2019
£
Debtors due after more than one year: 0

MONTIMC CARPENTRY & FITOUT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2019

4. Creditors: amounts falling due within one year note

Trade Creditors £301Other Creditors £12,628

MONTIMC CARPENTRY & FITOUT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2019

5. Creditors: amounts falling due after more than one year note

Other Creditors £12,645