Mortgage Help UK Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 03893892 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

Mortgage Help UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Honour

REGISTERED OFFICE:

48 Rolle Street

Exmouth

Devon

EX8 2SQ

REGISTERED NUMBER:

03893892 (England and Wales)

ACCOUNTANTS:

Baines & Co

46 Rolle Street

Exmouth

Devon

EX8 2SQ

BANKERS:

Lloyds Bank

234 High Street

Exeter

Devon

EX4 3NL

FIXED ASSETS

Tangible assets

4

2,834

2,576

CURRENT ASSETS

Debtors

5

2,464

2,159

Cash at bank and in hand

5,588

6,059

8,052

8,218

CREDITORS

Amounts falling due within one year

6

4,307

3,411

NET CURRENT ASSETS

3,745

4,807

TOTAL ASSETS LESS CURRENT LIABILITIES

6,579

7,383

PROVISIONS FOR LIABILITIES

465

391

NET ASSETS

6,114

6,992

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

6,014

6,892

SHAREHOLDERS' FUNDS

6,114

6,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 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 director on 11 May 2017 and were signed by:

S Honour - Director

1.	STATUTORY INFORMATION

Mortgage Help UK 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 and fittings

-

15% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2016

8,637

Additions

730

At 31 December 2016

9,367

DEPRECIATION

At 1 January 2016

6,061

Charge for year

472

At 31 December 2016

6,533

NET BOOK VALUE

At 31 December 2016

2,834

At 31 December 2015

2,576

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

875

-

Other debtors

-

432

Prepayments

1,589

1,727

2,464

2,159

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Tax

7

280

Social security and other taxes

2,646

1,537

Accrued expenses

1,654

1,594

4,307

3,411

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2016

6,892

Profit for the year

122

Dividends

(1,000

)

At 31 December 2016

6,014

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2015 - £2,000) were paid to the director .

10.	POST BALANCE SHEET EVENTS

There have been no events since the balance sheet date, which will have a material effect on the financial

statements of the company ended on that date.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S Honour.

The ultimate controlling party is S Honour.