MLH Procurement Limited - Period Ending 2015-07-31

Registration number: 08147109

MLH Procurement Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2015
 

Clear Accountancy Solutions Ltd
Suite 64
The Enterprise Centre
Cranborne Road
Potters Bar
Leeds
EN6 3DQ

MLH Procurement Limited
Contents

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
MLH Procurement Limited
for the Year Ended 31 July 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MLH Procurement Limited for the year ended 31 July 2015 set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.

It is your duty to ensure that MLH Procurement Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MLH Procurement Limited. You consider that MLH Procurement Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of MLH Procurement Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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......................................
Clear Accountancy Solutions Ltd
Suite 64
The Enterprise Centre
Cranborne Road
Potters Bar
Leeds
EN6 3DQ

14 April 2016

Page 1

MLH Procurement Limited
(Registration number: 08147109)
Abbreviated Balance Sheet at 31 July 2015

		Note			2015 £			2014 £
Current assets
Debtors		2			23,175			15,085
Cash at bank and in hand					7,104			11,359
					30,279			26,444
Creditors: Amounts falling due within one year					(26,263)			(26,344)
Net assets					4,016			100
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					3,916			-
Shareholders' funds					4,016			100

For the year ending 31 July 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 14 April 2016

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.........................................
Mark Hutfield
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

MLH Procurement Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Debtors

Debtors includes £nil (2014 - £nil) receivable after more than one year.

 

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 3