Midland Epc (Commercial) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06712426 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2020

for

Midland Epc (Commercial) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

S A Messam

REGISTERED OFFICE:

2 Queen Victoria Road

2nd Floor

Coventry

CV1 3JH

REGISTERED NUMBER:

06712426 (England and Wales)

ACCOUNTANTS:

Sachdevs

Chartered Accountants

4 Station Avenue

Tile Hill

Coventry

West Midlands

CV4 9HS

CURRENT ASSETS

Debtors

4

1,409

15,885

Cash at bank

11,327

4,800

12,736

20,685

CREDITORS

Amounts falling due within one year

5

(7,711

)

(10,246

)

NET CURRENT ASSETS

5,025

10,439

TOTAL ASSETS LESS CURRENT LIABILITIES

5,025

10,439

CREDITORS

Amounts falling due after more than one year

6

(6,082

)

(16,614

)

NET LIABILITIES

(1,057

)

(6,175

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(1,059

)

(6,177

)

(1,057

)

(6,175

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 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 28 July 2021 and were signed by:

S A Messam - Director

1.	STATUTORY INFORMATION

Midland Epc (Commercial) 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.20

31.10.19

£

£

Trade debtors

660

2,508

Other debtors

749

13,377

1,409

15,885

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.20

31.10.19

£

£

Bank loans and overdrafts

-

1,963

Trade creditors

846

1,313

Taxation and social security

5,641

5,720

Other creditors

1,224

1,250

7,711

10,246

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.20

31.10.19

£

£

Amounts owed to group undertakings

6,082

16,614

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2020 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sachdevs

Chartered Accountants

4 Station Avenue

Tile Hill

Coventry

West Midlands

CV4 9HS

28 July 2021