Moeson Corporation Ltd - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 08813288 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Moeson Corporation Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mrs A G Golland (nee Gallop)

C R Golland

REGISTERED OFFICE:

Woodside House

22 Guildown Avenue

Woodside Park

London

N12 7DQ

REGISTERED NUMBER:

08813288 (England and Wales)

ACCOUNTANTS:

Stuart Harris Associates

Chartered Certified Accountants

and Statutory Auditors

Woodside House

22 Guildown Avenue

Woodside Park

London

N12 7DQ

FIXED ASSETS

Tangible assets

4

-

500

CURRENT ASSETS

Debtors

19,434

-

Cash at bank

8,877

33,264

28,311

33,264

CREDITORS

Amounts falling due within one year

27,446

33,195

NET CURRENT ASSETS

865

69

TOTAL ASSETS LESS CURRENT LIABILITIES

865

569

PROVISIONS FOR LIABILITIES

-

100

NET ASSETS

865

469

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

863

467

SHAREHOLDERS' FUNDS

865

469

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 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 Board of Directors on 9 June 2017 and were signed on its behalf by:

C R Golland - Director

Mrs A G Golland (nee Gallop) - Director

1.	STATUTORY INFORMATION

Moeson Corporation 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.

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 etc

-

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.

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

Totals

£

COST

At 1 April 2016

and 31 March 2017

1,500

DEPRECIATION

At 1 April 2016

1,000

Charge for year

500

At 31 March 2017

1,500

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

500

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2017 and

31 March 2016:

31.3.17

31.3.16

£

£

C R Golland and Mrs A G Golland (nee Gallop)

Balance outstanding at start of year

-

-

Amounts advanced

15,691

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,691

-

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 (2016 - £35,000) were paid to the directors .

7.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors, Mr and Mrs C R Golland, who own 100% of the issued share

capital.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year

ended 31 March 2017 set out on pages 3 to 8 and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Stuart Harris Associates

Chartered Certified Accountants

and Statutory Auditors

Woodside House

22 Guildown Avenue

Woodside Park

London

N12 7DQ

9 June 2017