Mark Alexander Devs Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05681785 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2019

FOR

MARK ALEXANDER DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M A Woolnough

REGISTERED OFFICE:

87 Notting Hill Gate

London

W11 3JZ

REGISTERED NUMBER:

05681785 (England and Wales)

ACCOUNTANTS:

GBJ Financial Limited

Sterling House

27 Hatchlands Road

Redhill

Surrey

RH1 6RW

FIXED ASSETS

Tangible assets

4

932

1,242

CURRENT ASSETS

Debtors

5

44,119

3,535

Cash at bank and in hand

761,681

838,483

805,800

842,018

CREDITORS

Amounts falling due within one year

6

96,083

129,028

NET CURRENT ASSETS

709,717

712,990

TOTAL ASSETS LESS CURRENT LIABILITIES

710,649

714,232

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

710,549

714,132

SHAREHOLDERS' FUNDS

710,649

714,232

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th December 2020 and were signed by:

M A Woolnough - Director

1.	STATUTORY INFORMATION

Mark Alexander Developments 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.

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2019

and 31st December 2019

7,300

DEPRECIATION

At 1st January 2019

6,058

Charge for year

310

At 31st December 2019

6,368

NET BOOK VALUE

At 31st December 2019

932

At 31st December 2018

1,242

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

44,023

2,312

Other debtors

96

1,223

44,119

3,535

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

45,623

29,901

Taxation and social security

30,903

86,852

Other creditors

19,557

12,275

96,083

129,028

Included in Other Creditors is a balance on Director's current account of £15,856 (2018: £8,620).