Accounts filed on 31-12-2016

MADISON WIRE (EUROPE) LTD - Company Information

Company Accounts and Tax Online 03195152 Board of Directors 1.1.16 31.12.16 31.12.16 No description of principal activity false iso4217:GBP xbrli:pure 03195152 2015-01-01 2015-12-31 03195152 2016-12-31 03195152 2016-01-01 2016-12-31 03195152 2015-12-31 03195152 countries:EnglandWales 2016-01-01 2016-12-31 03195152 curr:PoundSterling 2016-01-01 2016-12-31 03195152 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 03195152 uk-bus:FRS102 2016-01-01 2016-12-31 03195152 uk-bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 03195152 uk-bus:FullAccounts 2016-01-01 2016-12-31 03195152 uk-bus:RegisteredOffice 2016-01-01 2016-12-31 03195152 uk-bus:Director1 2016-01-01 2016-12-31 03195152 uk-bus:Director1 2016-01-01 03195152 uk-bus:Director1 2016-12-31 03195152 core:AfterOneYear 2016-12-31 03195152 core:AfterOneYear 2015-12-31 03195152 core:WithinOneYear 2016-12-31 03195152 core:WithinOneYear 2015-12-31 03195152 core:WithinOneYear 2016-01-01 2016-12-31 03195152 core:AfterOneYear 2016-12-31 03195152 core:AfterOneYear 2015-12-31 03195152 core:AfterOneYear 2016-01-01 2016-12-31 03195152 core:ShareCapital 2016-12-31 03195152 core:ShareCapital 2015-12-31 03195152 core:RevaluationReserve 2016-12-31 03195152 core:RevaluationReserve 2015-12-31 03195152 core:RetainedEarningsAccumulatedLosses 2016-12-31 03195152 core:RetainedEarningsAccumulatedLosses 2015-12-31 03195152 1 2016-01-01 2016-12-31 03195152 core:LandBuildings 2016-01-01 2016-12-31 03195152 core:LandBuildings 2016-12-31 03195152 core:LandBuildings 2015-01-01 2015-12-31 03195152 core:LandBuildings 2015-12-31 03195152 core:PlantMachinery 2016-01-01 2016-12-31 03195152 core:PlantMachinery 2016-12-31 03195152 core:PlantMachinery 2015-01-01 2015-12-31 03195152 core:PlantMachinery 2015-12-31 03195152 core:FurnitureFittingsToolsEquipment 2016-01-01 2016-12-31 03195152 core:FurnitureFittingsToolsEquipment 2016-12-31 03195152 core:FurnitureFittingsToolsEquipment 2015-01-01 2015-12-31 03195152 core:FurnitureFittingsToolsEquipment 2015-12-31 03195152 core:OfficeEquipment 2016-01-01 2016-12-31 03195152 core:OfficeEquipment 2016-12-31 03195152 core:OfficeEquipment 2015-01-01 2015-12-31 03195152 core:OfficeEquipment 2015-12-31 03195152 core:Vehicles 2016-01-01 2016-12-31 03195152 core:Vehicles 2016-12-31 03195152 core:Vehicles 2015-01-01 2015-12-31 03195152 core:Vehicles 2015-12-31 03195152 core:NetGoodwill 2016-01-01 2016-12-31 03195152 core:NetGoodwill 2016-12-31 03195152 core:NetGoodwill 2015-01-01 2015-12-31 03195152 core:NetGoodwill 2015-12-31 03195152 core:IntangibleAssetsOtherThanGoodwill 2016-01-01 2016-12-31 03195152 core:IntangibleAssetsOtherThanGoodwill 2016-12-31 03195152 core:IntangibleAssetsOtherThanGoodwill 2015-01-01 2015-12-31 03195152 core:IntangibleAssetsOtherThanGoodwill 2015-12-31

Company Registration Number:
03195152 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

Contents of the Financial Statements

for the Period Ended 31 December 2016


Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 7

Balance sheet

As at 31 December 2016

	Notes	2016 £	2015 £
Fixed assets
Tangible assets:	2	1,103,176	1,141,873
Total fixed assets:		1,103,176	1,141,873
Current assets
Stocks:		1,049,470	807,104
Debtors:	3	631,299	551,264
Cash at bank and in hand:		1,231	471
Total current assets:		1,682,000	1,358,839
Creditors: amounts falling due within one year:	4	( 1,603,426 )	( 1,246,748 )
Net current assets (liabilities):		78,574	112,091
Total assets less current liabilities:		1,181,750	1,253,964
Creditors: amounts falling due after more than one year:	5	( 1,180,630 )	( 1,221,396 )
Total net assets (liabilities):		1,120	32,568

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2016

	Notes	2016 £	2015 £
Capital and reserves
Called up share capital:		133,433	133,433
Revaluation reserve:	6	638,512	652,012
Profit and loss account:		( 770,825 )	( 752,877 )
Shareholders funds:		1,120	32,568

For the year ending 31 December 2016 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 23 February 2017
And Signed On Behalf Of The Board By:

Name: Mr D Gruszczynski
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Tangible assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office equipment	Motor vehicles	Total
Cost	£	£	£	£	£	£
At 01 January 2016	1,250,000	384,911	8,115	79,443	14,462	1,736,931
Additions	-	-	-	-	-	-
Disposals	-	-	-	-	-	-
Revaluations	-	-	-	-	-	-
Transfers	-	-	-	-	-	-
At 31 December 2016	1,250,000	384,911	8,115	79,443	14,462	1,736,931
Depreciation
At 01 January 2016	216,744	288,204	2,430	77,794	9,886	595,058
Charge for year	25,000	9,670	1,421	413	2,193	38,697
On disposals	-	-	-	-	-	-
Other adjustments	-	-	-	-	-	-
At 31 December 2016	241,744	297,874	3,851	78,207	12,079	633,755
Net book value
At 31 December 2016	1,008,256	87,037	4,264	1,236	2,383	1,103,176
At 31 December 2015	1,033,256	96,707	5,685	1,649	4,576	1,141,873

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Debtors

	2016 £	2015 £
Trade debtors	631,299	551,264
Total	631,299	551,264

Notes to the Financial Statements

for the Period Ended 31 December 2016

4.Creditors: amounts falling due within one year note

	2016 £	2015 £
Trade creditors	1,603,426	1,246,748
Total	1,603,426	1,246,748

Notes to the Financial Statements

for the Period Ended 31 December 2016

5.Creditors: amounts falling due after more than one year

	2016 £	2015 £
Other creditors	1,180,630	1,221,396
Total	1,180,630	1,221,396

Notes to the Financial Statements

for the Period Ended 31 December 2016

6. Revaluation reserve

	2016 £
Balance at 01 January 2016	652,012
Surplus or deficit after revaluation	( 13,500 )
Balance at 31 December 2016	638,512



Registered office:		Madison House Davyfield Road Roman Road Industrial Estate Blackburn Lancashire BB1 2LU


Company Registration Number:		03195152 (England and Wales)

Accounts filed on 31-12-2016