Martin Ralph M & E Engineers Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08022530 (England and Wales)

Financial Statements

for the Year Ended 31 December 2019

for

MARTIN RALPH M & E ENGINEERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R A Martin

SECRETARY:

Mrs A R Martin

REGISTERED OFFICE:

9 Oyster Mews

French Street

Portsmouth

Hampshire

PO1 2JS

REGISTERED NUMBER:

08022530 (England and Wales)

ACCOUNTANTS:

Hunter Simmons Ltd

Langstone Gate

Solent Road

Havant

Portsmouth

Hampshire

PO9 1TR

FIXED ASSETS

Tangible assets

4

270

-

CURRENT ASSETS

Debtors

5

13,475

-

Cash at bank

17,564

2,502

31,039

2,502

CREDITORS

Amounts falling due within one year

6

26,133

8,752

NET CURRENT ASSETS/(LIABILITIES)

4,906

(6,250

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,176

(6,250

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,076

(6,350

)

SHAREHOLDERS' FUNDS

5,176

(6,250

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and authorised for issue on 22 July 2020 and were signed by:

R A Martin - Director

1.	STATUTORY INFORMATION

Martin Ralph M & E Engineers 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 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.

Plant and machinery etc

-

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

360

At 31 December 2019

360

DEPRECIATION

Charge for year

90

At 31 December 2019

90

NET BOOK VALUE

At 31 December 2019

270

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

13,475

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

462

2,626

Taxation and social security

3,045

-

Other creditors

22,626

6,126

26,133

8,752

7.	ULTIMATE CONTROLLING PARTY

The company's issued share capital is 51% owned by Martin Ralph Group Limited. Mr RA Martin (director)

owns 60% or Martin Ralph Group Limited.