Magnum Lettings Ltd - Period Ending 2016-06-30

Registration number: 9630374

Magnum Lettings Ltd

Annual Report and Unaudited Financial Statements

for the Period from 9 June 2015 to 30 June 2016

 

A-spire Business Partners
Chartered Accountants
32 Byron Hill Road
Harrow on the Hill
Middlesex
HA2 0HY

Magnum Lettings Ltd
Contents

Director's Report 1

Accountants' Report 2

Balance Sheet 3

Magnum Lettings Ltd
Director's Report for the Period from 9 June 2015 to 30 June 2016

The director presents his report and the unaudited financial statements for the period from 9 June 2015 to 30 June 2016.

Incorporation

The company was incorporated on 9 June 2015.

Director of the company

The director who held office during the period was as follows:

Mr Richard Lewis (appointed 9 June 2015)

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 6 March 2017 and signed on its behalf by:

.........................................
Mr Richard Lewis
Director

Page 1

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Magnum Lettings Ltd
for the Period Ended 30 June 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Magnum Lettings Ltd for the period ended 30 June 2016 set out on pages 3 to 4 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 http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Magnum Lettings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Magnum Lettings Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Magnum Lettings Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Magnum Lettings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Magnum Lettings Ltd. You consider that Magnum Lettings Ltd 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 accounts of Magnum Lettings Ltd. 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.

......................................

A-spire Business Partners
Chartered Accountants
32 Byron Hill Road
Harrow on the Hill
Middlesex
HA2 0HY

8 March 2017

Page 2

Magnum Lettings Ltd
(Registration number: 9630374)
Balance Sheet at 30 June 2016

		30 June 2016 £
Fixed assets		566,005
Current assets		9,179
Creditors: Amounts falling due within one year		(201,147)
Net current liabilities		(191,968)
Total assets less current liabilities		374,037
Creditors: Amounts falling due after more than one year		(382,567)
Accruals and deferred income		(600)
Net liabilities		(9,130)
Capital and reserves		(9,130)

Page 3

These accounts have been prepared in accordance with the micro-entity provisions and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised for issue by the director on 6 March 2017

.........................................
Mr Richard Lewis
Director

Page 4