Murley Whitfield Developments Limited - Accounts to registrar - small 17.1
Murley Whitfield Developments Limited - Accounts to registrar - small 17.1
| REGISTERED NUMBER: |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06481799) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 27a Lidget Hill |
| Pudsey |
| Leeds |
| LS28 7LG |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06481799) |
| BALANCE SHEET |
| 31 DECEMBER 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks | 4 |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| 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 |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06481799) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| 1. | STATUTORY INFORMATION |
| Murley Whitfield Developments Limited is a |
| 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 |
| The financial statements have been prepared on a going concern basis, which is dependent on the |
| continued financial support of the company's director. The director had confirmed that he will continue |
| to support the company. |
| Transition to FRS102 |
| The significant accounting policies applied in the preparation of these financial statements are set out |
| below. The company adopted FRS102 in the current year, the director has considered all restatements |
| required for the transition to FRS102 and is of the opinion no such items exist. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2016 |
| Additions |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 4. | STOCKS |
| 2016 | 2015 |
| £ | £ |
| Work-in-progress |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06481799) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| VAT |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Loans |
| Directors' loan accounts |
| Accrued expenses |
| 7. | FINANCIAL INSTRUMENTS |
| Financial assets and financial liabilities are recognised when the company becomes a party to the |
| contractual provisions of the instrument. |
| Financial assets and liabilities are initially measured at transaction price, except for those financial |
| assets classified as at fair value through profit or loss. |
| Basic financial instruments |
| Basic financial instruments are those with relatively straight forward terms and would normally include |
| cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans. |
| Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal |
| commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at |
| transaction price less impairment (if any) due to concerns over recoverability. |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2016 | ( |
) |
| Deficit for the year | ( |
) |
| At 31 December 2016 | ( |
) |
| 10. | RELATED PARTY DISCLOSURES |
| There were no material transactions with any related parties. |
| MURLEY WHITFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06481799) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| 11. | CONTROLLING PARTY |
| There is no controlling party. |