Mobile Electronic and Security Federation Filleted accounts for Companies House (small and micro)
Mobile Electronic and Security Federation Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03184589
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Company Limited by Guarantee |
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Company Limited by Guarantee |
Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
£ |
Current assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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-------- |
------- |
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Creditors: amounts falling due within one year |
8 |
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-------- |
------- |
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Net current assets |
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------- |
------- |
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Total assets less current liabilities |
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------- |
------- |
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Net assets |
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------- |
------- |
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Capital and reserves
Other reserves |
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Profit and loss account |
(
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(
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-------- |
-------- |
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Members funds |
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-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
21 December 2021
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
03184589
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Company Limited by Guarantee |
Notes to the Financial Statements |
Year ended 30th April 2021
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Revenue recognition
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
25% straight line |
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Stocks
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Company limited by guarantee
The Federation is a company limited by guarantee and does not have a share capital. In the event of the company being wound up, the liability of each member is limited to £1.
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2020:
4
).
6.
Tangible assets
Equipment |
Total |
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£ |
£ |
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Cost |
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At 1st May 2020 |
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Disposals |
(
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(
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------- |
------- |
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At 30th April 2021 |
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------- |
------- |
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Depreciation |
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At 1st May 2020 |
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Disposals |
(
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(
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------- |
------- |
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At 30th April 2021 |
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------- |
------- |
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Carrying amount |
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At 30th April 2021 |
– |
– |
------- |
------- |
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At 30th April 2020 |
– |
– |
------- |
------- |
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7.
Debtors
2021 |
2020 |
|
£ |
£ |
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Trade debtors |
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------- |
------- |
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8.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Social security and other taxes |
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Director loan accounts |
– |
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------- |
------- |
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------- |
------- |
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9.
Related party transactions
Purchases | (Increase)/ decrease in loan | Balance at year end Dr/(Cr) | ||
£ | £ | £ | ||
Directors | ||||
30 April 2020 | 5,650 | – | (689) | |
30 April 2021 | 3,750 | 689 | – | |
10.
Other reserves
There was no movement on the reserve during the year.
This reserve represents the transfer net assets of the Mobile Electronics and Security Federation, an unincorporated association, which the company replaced on the 1st July 1996.