M N A Consulting (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06974437 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2020

FOR

M N A GROUP (EAST YORKSHIRE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Newman

D Rose

R Bloodworth

SECRETARY:

D Rose

REGISTERED OFFICE:

White Rose Park

Larsen Road

Goole

East Yorkshire

DN14 6XF

REGISTERED NUMBER:

06974437 (England and Wales)

ACCOUNTANTS:

Flemingate - Accountancy and Taxation

1 Village Courtyard

High Street

Holme on Spalding Moor

York

North Yorkshire

YO43 4AA

FIXED ASSETS

Tangible assets

4

12,199

11,660

CURRENT ASSETS

Debtors

5

233,593

77,205

Cash at bank and in hand

142,890

83,985

376,483

161,190

CREDITORS

Amounts falling due within one year

6

228,564

85,300

NET CURRENT ASSETS

147,919

75,890

TOTAL ASSETS LESS CURRENT LIABILITIES

160,118

87,550

PROVISIONS FOR LIABILITIES

1,391

2,215

NET ASSETS

158,727

85,335

CAPITAL AND RESERVES

Called up share capital

100

100

EBT Loan charge settlement

157,685

-

Retained earnings

942

85,235

SHAREHOLDERS' FUNDS

158,727

85,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16th October 2020 and were signed on its behalf by:

M Newman - Director

D Rose - Director

R Bloodworth - Director

1.	STATUTORY INFORMATION

M N A Group (East Yorkshire) 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2019 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st August 2019

9,325

17,275

26,600

Additions

1,543

849

2,392

At 31st July 2020

10,868

18,124

28,992

DEPRECIATION

At 1st August 2019

5,701

9,239

14,940

Charge for year

521

1,332

1,853

At 31st July 2020

6,222

10,571

16,793

NET BOOK VALUE

At 31st July 2020

4,646

7,553

12,199

At 31st July 2019

3,624

8,036

11,660

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade debtors

227,511

74,350

Directors' current accounts

2,092

-

Prepayments

2,805

2,855

Other debtors

1,185

-

233,593

77,205

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade creditors

86,962

32,773

Tax

11,853

15,272

Social security and other taxes

3,742

2,426

VAT

34,440

9,294

Directors' current accounts

90,936

24,195

Accrued expenses

631

1,340

228,564

85,300

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Throughout the course of the period the company transacted with the director's by way of an interest free loan account. The

transactions can be summarised as follows:-

Mr M Newman.

The balance owing by the director at the balance sheet date was £ 2,092.

Mr D Rose.

The balance owing to the director at the balance sheet date was £ 55,016.

Mr R Bloodworth

The balance owing to the director at the balance sheet date was £ 35,920.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director's who own 100% of the issued share capital.