Modbox Spaces (Investments) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08778713 (England and Wales)

Unaudited Financial Statements

For The Year Ended 28 February 2020

for

Modbox Spaces (Investments) Limited

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

R J Constant

P P Donoghue

REGISTERED OFFICE:

40 Normandy Way

Walker Lines Industrial Estate

Bodmin

Cornwall

PL31 1HA

REGISTERED NUMBER:

08778713 (England and Wales)

ACCOUNTANTS:

Bromhead

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

FIXED ASSETS

246

184,738

CURRENT ASSETS

89,908

8,163

CREDITORS

Amounts falling due within one year

(244,338

)

(224,175

)

NET CURRENT LIABILITIES

(154,430

)

(216,012

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(154,184

)

(31,274

)

CAPITAL AND RESERVES

(154,184

)

(31,274

)

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

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

2.	GOING CONCERN

The company has net liabilities of £162,260 but the accounts continue to be prepared on a going concern basis due to the plans and changes currently being implemented. Within the current liabilities are loans from the directors totalling £722.66. The directors continue to support the company and therefore believe there is not a material uncertainty over the company's ability to continue as a going concern.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2021 and were signed on its behalf by:

R J Constant - Director

P P Donoghue - Director