Mister Tinsel Ltd. - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 09655127 (England and Wales)

Unaudited Financial Statements

for the Period 24 June 2015 to 30 November 2016

for

Mister Tinsel Ltd.

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

I R Norris

C A Roberts

REGISTERED OFFICE:

Parkview Nurseries

Theobalds Park Road

Crews Hill

Enfield

EN2 9BQ

REGISTERED NUMBER:

09655127 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

The following reproduces the text of the report prepared for the directors and members in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of

the Directors are not required to be filed with the Registrar of Companies.

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

statements of Mister Tinsel Ltd. for the period ended 30 November 2016 which comprise the Income Statement, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mister Tinsel Ltd., 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 Mister Tinsel Ltd. and state those matters that we have agreed to state to the Board of Directors of Mister Tinsel Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mister Tinsel Ltd. Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mister Tinsel Ltd. 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 loss of Mister Tinsel Ltd.. You consider that Mister Tinsel 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 financial statements of Mister Tinsel 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 financial statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

24 March 2017

FIXED ASSETS

Tangible assets

5

16,468

CURRENT ASSETS

Stocks

20,000

Debtors

6

88,138

Prepayments and accrued income

11,739

Cash at bank

7,668

127,545

CREDITORS

Amounts falling due within one year

7

247,878

NET CURRENT LIABILITIES

(120,333

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(103,865

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(103,965

)

(103,865

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 March 2017 and were signed on its behalf by:

C A Roberts - Director

1.	STATUTORY INFORMATION

Mister Tinsel Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

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

date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 24 June 2015

and 30 November 2016

17,972

DEPRECIATION

Charge for period

1,504

At 30 November 2016

1,504

NET BOOK VALUE

At 30 November 2016

16,468

At 23 June 2015

17,972

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

70,355

Other debtors

17,783

88,138

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

68,644

Amounts owed to related parties

177,911

Taxation and social security

673

Other creditors

650

247,878