Messenger Building Repairs Limited - Limited company accounts 16.1

REGISTERED NUMBER: 08211792 (England and Wales)

Messenger Building Repairs Limited

Report of the Directors and

Unaudited Financial Statements

For The Period 1st October 2015 to 31st March 2016

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

6

to

7

DIRECTORS:

M B Dooley

P A Gibbons

K J Kosmaczewski

REGISTERED OFFICE:

310 Wellingborough Road

Northampton

Northamptonshire

NN1 4EP

REGISTERED NUMBER:

08211792 (England and Wales)

ACCOUNTANTS:

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

The directors present their report with the financial statements of the company for the period 1st October 2015 to 31st March 2016.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st October 2015 to the date of this

report.

M B Dooley

P A Gibbons

K J Kosmaczewski

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with

applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors

have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not

approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the

company and of the profit or loss of the company for that period. In preparing these financial statements, the directors

are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

P A Gibbons - Director

23rd September 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Messenger Building Repairs Limited for the period ended 31st March 2016 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Messenger Building Repairs Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Messenger Building Repairs Limited and state those matters that we have agreed to state to the Board of Directors of Messenger Building Repairs Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the financial statements of Messenger Building Repairs 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 financial statements.

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

23rd September 2016

TURNOVER

995,018

1,258,799

Cost of sales

(689,045

)

(1,029,878

)

GROSS PROFIT

305,973

228,921

Administrative expenses

(281,231

)

(261,745

)

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION

2

24,742

(32,824

)

Tax on profit/(loss) on ordinary activities

3

(4,950

)

6,300

PROFIT/(LOSS) FOR THE FINANCIAL PERIOD

19,792

(26,524

)

CURRENT ASSETS

Debtors

4

64,418

111,437

Cash in hand

1,200

1,200

65,618

112,637

CREDITORS

Amounts falling due within one year

5

71,150

137,961

NET CURRENT LIABILITIES

(5,532

)

(25,324

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,532

)

(25,324

)

CAPITAL AND RESERVES

Called up share capital

7

1,200

1,200

Profit and loss account

8

(6,732

)

(26,524

)

SHAREHOLDERS' FUNDS

(5,532

)

(25,324

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2016 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 provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Directors on 23rd September 2016 and were signed on its behalf by:

P A Gibbons - Director

K J Kosmaczewski - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which they relate.

2.	OPERATING PROFIT/(LOSS)

The operating profit (2015 - operating loss) is stated after charging:

Period

1.10.15

to

Year ended

31.3.16

30.9.15

£

£

Pension costs

1,625

1,892

Directors' remuneration and other benefits etc

36,750

36,250

3.

TAXATION

Analysis of the tax charge/(credit)

The tax charge/(credit) on the profit on ordinary activities for the period was as follows:

Period

1.10.15

to

Year ended

31.3.16

30.9.15

£

£

Deferred tax

4,950

(6,300

)

Tax on profit/(loss) on ordinary activities

4,950

(6,300

)

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

59,552

90,121

Other debtors

4,866

21,316

64,418

111,437

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

(2

)

-

Amounts owed to group undertakings

62,620

136,461

Taxation and social security

5,524

-

Other creditors

3,008

1,500

71,150

137,961

6.	DEFERRED TAX

£

Balance at 1st October 2015

(6,300

)

Provided during period

4,950

Balance at 31st March 2016

(1,350

)

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,200

Ordinary

£1

1,200

1,200

8.

RESERVES

Profit

and loss

account

£

At 1st October 2015

(26,524

)

Profit for the period

19,792

At 31st March 2016

(6,732

)

9.	ULTIMATE PARENT COMPANY

Messenger BCR Group limited is regarded by the directors as being the company's ultimate parent company.

10.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2016 or 30th September 2015.

11.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2016 or 30th September 2015.