Maltstore Communications Ltd - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 08922061 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

MALTSTORE COMMUNICATIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss C A Garrington

P Brighty

REGISTERED OFFICE:

48 Free Rodwell House

School Lane

Mistley

Manningtree

Essex

CO11 1HW

REGISTERED NUMBER:

08922061 (England and Wales)

ACCOUNTANTS:

Richard Sexton & Co

Chartered Accountants

St Margarets

3 Manor Road

Colchester

Essex

CO3 3LU

FIXED ASSETS

Tangible assets

4

2,490

1,820

CURRENT ASSETS

Debtors: amounts falling due within one year

5

-

500

Cash at bank

8,129

3,860

8,129

4,360

CREDITORS

Amounts falling due within one year

6

9,135

3,351

NET CURRENT (LIABILITIES)/ASSETS

(1,006

)

1,009

TOTAL ASSETS LESS CURRENT LIABILITIES

1,484

2,829

PROVISIONS FOR LIABILITIES

500

365

NET ASSETS

984

2,464

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

884

2,364

SHAREHOLDERS' FUNDS

984

2,464

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 April 2017 and were signed on its behalf by:

Miss C A Garrington - Director

1.	STATUTORY INFORMATION

Maltstore Communications 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.	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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and

have remained unchanged from the previous period, and also have been consistently applied within these

accounts.

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

-

25% on reducing balance

Deferred tax

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

sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2016

2,533

Additions

1,506

At 31 March 2017

4,039

DEPRECIATION

At 1 April 2016

713

Charge for year

836

At 31 March 2017

1,549

NET BOOK VALUE

At 31 March 2017

2,490

At 31 March 2016

1,820

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

709

70

Tax

1,935

-

Directors' loan account

5,891

2,781

Accruals and deferred income

600

500

9,135

3,351

7.	RELATED PARTY DISCLOSURES

During the year the company paid dividends of £9,960 to P Brighty and Miss C A Garrington, the directors of

the company.

8.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of its directors.