Meadeway Information Works Limited - Accounts to registrar - small 17.1

Meadeway Information Works Limited - Accounts to registrar - small 17.1

MEADEWAY INFORMATION WORKS LIMITED - Company Information

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REGISTERED NUMBER: 09399652 (England and Wales)












Unaudited Financial Statements

For The Year Ended 31 January 2017

for

Meadeway Information Works Limited

Meadeway Information Works Limited (Registered number: 09399652)






Contents of the Financial Statements
For The Year Ended 31 January 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Meadeway Information Works Limited

Company Information
For The Year Ended 31 January 2017







DIRECTOR: B Meade





REGISTERED OFFICE: 6 Victoria Avenue
Harrogate
North Yorkshire
HG1 1ED





REGISTERED NUMBER: 09399652 (England and Wales)





ACCOUNTANTS: Bushells Chartered Accountants
6 Victoria Avenue
Harrogate
HG1 1ED
Page 1
Meadeway Information Works Limited (Registered number: 09399652)

Abridged Balance Sheet
31 January 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,908 -

CURRENT ASSETS
Debtors 58,614 73,257
Cash at bank 18,669 32,184
77,283 105,441
CREDITORS
Amounts falling due within one year 22,419 28,175
NET CURRENT ASSETS 54,864 77,266
TOTAL ASSETS LESS CURRENT
LIABILITIES
56,772
77,266

PROVISIONS FOR LIABILITIES 382 -
NET ASSETS 56,390 77,266

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 56,360 77,236
SHAREHOLDERS' FUNDS 56,390 77,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
Meadeway Information Works Limited (Registered number: 09399652)

Abridged Balance Sheet - continued
31 January 2017


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 13 April 2017 and were signed by:





B Meade - Director


The notes form part of these financial statements

Page 3
Meadeway Information Works Limited (Registered number: 09399652)

Notes to the Financial Statements
For The Year Ended 31 January 2017

1. STATUTORY INFORMATION

Meadeway Information Works Limited 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.
Fixtures & equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been
enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits.

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 profit or loss in the period to which they relate.

Page 4 continued...
Meadeway Information Works Limited (Registered number: 09399652)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 2,544
At 31 January 2017 2,544
DEPRECIATION
Charge for year 636
At 31 January 2017 636
NET BOOK VALUE
At 31 January 2017 1,908

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 January 2017 and
the period ended 31 January 2016:

2017 2016
£    £   
B Meade
Balance outstanding at start of year 57,503 -
Amounts advanced 66,386 57,503
Amounts repaid (80,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,889 57,503

The loan was repaid in full on 7 March 2017.

Page 5