|
|
2019 |
|
2018 |
|
|
£ |
£ |
|
£ |
£ |
Fixed assets |
|
|
1,118 |
|
|
1,375 |
Current assets |
|
(488) |
|
|
91 |
|
Creditors: amount falling due within one year |
|
(17,780) |
|
|
(8,450) |
|
Net current assets
|
|
|
(18,268)
|
|
|
(8,359)
|
Total assets less current liabilities
|
|
|
(17,150) |
|
|
(6,984) |
Net assets
|
|
|
(17,150) |
|
|
(6,984) |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
(17,150) |
|
|
(6,984) |
|
NOTES TO THE ACCOUNTS
General Information
MISSIONTIMES CARE SERVICES LIMITED is a private company, limited by shares , registered in England and Wales , registration number 08180658 , registration address 20 OAKLAND WAY, NOTTINGHAM, , NG8 4JS.
1. |
Accounting Policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings |
25 Reducing Balance
|
Computer Equipment |
25 Reducing Balance
|
|
2. |
Tangible fixed assets
Cost |
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
|
£ |
|
£ |
|
£ |
At 01 September 2018 |
470 |
|
2,296 |
|
2,766 |
Additions |
- |
|
- |
|
- |
Disposals |
- |
|
- |
|
- |
At 31 August 2019 |
470 |
|
2,296 |
|
2,766 |
Depreciation |
At 01 September 2018 |
206 |
|
1,185 |
|
1,391 |
Charge for year |
49 |
|
208 |
|
257 |
On disposals |
- |
|
- |
|
- |
At 31 August 2019 |
255 |
|
1,393 |
|
1,648 |
Net book values |
Closing balance as at 31 August 2019 |
215 |
|
903 |
|
1,118 |
Opening balance as at 01 September 2018 |
264 |
|
1,111 |
|
1,375 |
|
|
Transaction with directors
As of 31st August 2019 the creditors included £16,210.19 (2018 -£7,640.17) owed to the directors ( T Mwangi)
|
For the year ended 31 August 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
Director's Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the financial reporting standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 18 May 2020 and were signed by: -------------------------------- Tuby Mwangi Director |
1
|