M B Composites Limited

M B Composites Limited

M B COMPOSITES LIMITED - Company Information

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1 January 2016 false No description of principal activity Taxfiler 2017.19.Web 7403974business:PrivateLimitedCompanyLtd2016-01-012016-12-31 74039742015-12-31 74039742016-01-012016-12-31 7403974business:AuditExemptWithAccountantsReport2016-01-012016-12-31 7403974business:FullAccounts2016-01-012016-12-31 74039742016-12-31 74039742015-12-31 7403974core:WithinOneYear2016-12-31 7403974core:WithinOneYear2015-12-31 7403974business:Micro-entities2016-01-012016-12-31 7403974business:Director12016-01-012016-12-31 iso4217:GBP
Company Registration No. 7403974 (England and Wales)
M B Composites Limited Unaudited accounts for the year ended 31 December 2016
M B Composites Limited Annual report and unaudited accounts for the year ended 31 December 2016
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M B Composites Limited Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of M B Composites Limited for the year ended 31 December 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M B Composites Limited for the year ended 31 December 2016 as set out on pages 4 - 4 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of M B Composites Limited, as a body, in accordance with the terms of our engagement letter dated 16 March 2012. Our work has been undertaken solely to prepare for your approval the accounts of M B Composites Limited and state those matters that we have agreed to state to the Board of Directors of M B Composites Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M B Composites Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that M B Composites Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of M B Composites Limited. You consider that M B Composites Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of M B Composites Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Griffiths & James CA Limited Chartered Accountants 6 New Street Pontnewydd Cwmbran NP44 1EE 7 June 2017
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M B Composites Limited Statement of Financial Position as at 31 December 2016
2016 
2015 
£ 
£ 
Current assets
6,538 
5,565 
Creditors: amounts falling due within one year
(5,647)
(5,035)
Net current assets
891 
530 
Total assets less current liabilities
891 
530 
Accruals and deferred income
(500)
(500)
Net assets
391 
30 
Capital and reserves
391 
30 
For the year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 7 June 2017
M Brown Director Company Registration No. 7403974
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