M F AIR CONDITIONING SERVICES LTD - Accounts to registrar (filleted) - small 18.2

M F AIR CONDITIONING SERVICES LTD - Accounts to registrar (filleted) - small 18.2

M F AIR CONDITIONING SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 06413540 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2019

FOR

M F AIR CONDITIONING SERVICES LTD
M F AIR CONDITIONING SERVICES LTD (REGISTERED NUMBER: 06413540)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

M F AIR CONDITIONING SERVICES LTD

COMPANY INFORMATION
for the Year Ended 31st October 2019







DIRECTOR: M.A.B. Fullick





SECRETARY: Mrs A J Fullick





REGISTERED OFFICE: Fiscal House
367 London Road
Camberley
Surrey
GU15 3HQ





REGISTERED NUMBER: 06413540 (England and Wales)





ACCOUNTANTS: Sowerbutts and Co Ltd
Fiscal House
367 London Road
Camberley
Surrey
GU15 3HQ
Page 1
M F AIR CONDITIONING SERVICES LTD (REGISTERED NUMBER: 06413540)

BALANCE SHEET
31st October 2019

31/10/19 31/10/18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,009 1,345

CURRENT ASSETS
Debtors 5 12,268 22,732
Cash at bank and in hand 59,417 71,333
71,685 94,065
CREDITORS
Amounts falling due within one year 6 19,736 24,360
NET CURRENT ASSETS 51,949 69,705
TOTAL ASSETS LESS CURRENT
LIABILITIES
52,958
71,050

PROVISIONS FOR LIABILITIES 7 192 256
NET ASSETS 52,766 70,794

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 52,666 70,694
SHAREHOLDERS' FUNDS 52,766 70,794

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 notes form part of these financial statements

Page 2 continued...
M F AIR CONDITIONING SERVICES LTD (REGISTERED NUMBER: 06413540)

BALANCE SHEET - continued
31st October 2019


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 and authorised for issue on 18th April 2020 and were
signed by:





M.A.B. Fullick - Director


The notes form part of these financial statements

Page 3
M F AIR CONDITIONING SERVICES LTD (REGISTERED NUMBER: 06413540)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2019

1. STATUTORY INFORMATION

M F AIR CONDITIONING SERVICES LTD 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 2 (2018 - 2 ) .

Page 4 continued...
M F AIR CONDITIONING SERVICES LTD (REGISTERED NUMBER: 06413540)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2019

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st November 2018
and 31st October 2019 1,343 3,764 5,107
DEPRECIATION
At 1st November 2018 1,232 2,530 3,762
Charge for year 28 308 336
At 31st October 2019 1,260 2,838 4,098
NET BOOK VALUE
At 31st October 2019 83 926 1,009
At 31st October 2018 111 1,234 1,345

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/19 31/10/18
£    £   
Trade debtors 11,690 22,191
Other debtors 578 541
12,268 22,732

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/19 31/10/18
£    £   
Trade creditors - 3,429
Taxation and social security 13,297 15,015
Other creditors 6,439 5,916
19,736 24,360

7. PROVISIONS FOR LIABILITIES
31/10/19 31/10/18
£    £   
Deferred tax 192 256

Page 5 continued...
M F AIR CONDITIONING SERVICES LTD (REGISTERED NUMBER: 06413540)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2019

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2018 256
Accelerated capital allowances (64 )
Balance at 31st October 2019 192

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/10/19 31/10/18
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

The company is ultimately under the control of the director, M.A.B Fullick, by virtue of his controlling
shareholding.

Page 6
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
M F AIR CONDITIONING SERVICES LTD

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 F AIR CONDITIONING SERVICES LTD for the year ended
31st October 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 M F AIR CONDITIONING SERVICES LTD in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M F AIR CONDITIONING SERVICES LTD and state those matters that we have agreed to state to the director of M F AIR CONDITIONING SERVICES LTD 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 F AIR CONDITIONING SERVICES LTD and its director for our work or for this report.

It is your duty to ensure that M F AIR CONDITIONING SERVICES LTD 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 profit of M F AIR CONDITIONING SERVICES LTD. You consider that M F AIR CONDITIONING SERVICES LTD 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 F AIR CONDITIONING SERVICES LTD. 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.






Sowerbutts and Co Ltd
Fiscal House
367 London Road
Camberley
Surrey
GU15 3HQ


Date: .............................................

This page does not form part of the statutory financial statements

Page 7