MLH Surveying Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 07885741 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

MLH SURVEYING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Hammond

REGISTERED OFFICE:

21 Stafford Road

Croydon

Surrey

CR0 4NG

REGISTERED NUMBER:

07885741 (England and Wales)

ACCOUNTANTS:

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

FIXED ASSETS

Tangible assets

4

254

508

CURRENT ASSETS

Debtors

5

34,079

44,036

Cash at bank

(922

)

(12,176

)

33,157

31,860

CREDITORS

Amounts falling due within one year

6

32,766

31,659

NET CURRENT ASSETS

391

201

TOTAL ASSETS LESS CURRENT LIABILITIES

645

709

PROVISIONS FOR LIABILITIES

7

51

503

NET ASSETS

594

206

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

494

106

SHAREHOLDERS' FUNDS

594

206

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 2 June 2017 and were signed by:

M Hammond - Director

1.	STATUTORY INFORMATION

MLH Surveying 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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

7,126

DEPRECIATION

At 1 January 2016

6,618

Charge for year

254

At 31 December 2016

6,872

NET BOOK VALUE

At 31 December 2016

254

At 31 December 2015

508

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade debtors

5,724

6,300

Other debtors

28,355

37,736

34,079

44,036

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade creditors

184

-

Taxation and social security

31,282

30,119

Other creditors

1,300

1,540

32,766

31,659

7.	PROVISIONS FOR LIABILITIES

31/12/16

31/12/15

£

£

Deferred tax

51

503

Deferred

tax

£

Balance at 1 January 2016

503

Credit to Income Statement during year

(452

)

Balance at 31 December 2016

51

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016

and 31 December 2015:

31/12/16

31/12/15

£

£

M Hammond

Balance outstanding at start of year

37,736

(270

)

Amounts advanced

(82,960

)

(67,138

)

Amounts repaid

73,579

105,144

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

28,355

37,736

The Director Mr M Hammond owed the company £28,355.21 at the end of the financial year (2015:

£37,736.22). This is an interest free loan and is repayable by March 2017.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Hammond.