MEP Partnership Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08744177 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST OCTOBER 2016

FOR

MEP PARTNERSHIP LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J W McEwan

SECRETARY:

REGISTERED OFFICE:

Birches Coppice House Buildwas Road

Buildwas, Nr Ironbridge

Telford

TF8 7BN

REGISTERED NUMBER:

08744177 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

295

Tangible assets

2

221

CURRENT ASSETS

10,159

Debtors

8,699

994

Cash at bank

-

11,153

8,699

CREDITORS

3,549

Amounts falling due within one year

2,196

7,604

NET CURRENT ASSETS

6,503

7,899

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,724

CAPITAL AND RESERVES

20

Called up share capital

3

20

7,879

Profit and loss account

6,704

7,899

SHAREHOLDERS' FUNDS

6,724

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31st July 2017 and were signed by:

J W McEwan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2015

and 31st October 2016

524

DEPRECIATION

At 1st November 2015

229

Charge for year

74

At 31st October 2016

303

NET BOOK VALUE

At 31st October 2016

221

At 31st October 2015

295

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

20

Ordinary

£1

20