MECHFAST_LIMITED - Accounts


Company Registration Number 01325919 (England and Wales)
MECHFAST LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2016
PAGES FOR FILING WITH REGISTRAR
MECHFAST LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MECHFAST LIMITED FOR THE PERIOD ENDED 31 DECEMBER 2016
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mechfast Limited for the Period ended 31 December 2016 which comprise and the related notes 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, 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 Mechfast Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mechfast Limited and state those matters that we have agreed to state to the board of directors of Mechfast Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mechfast Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Mechfast Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mechfast Limited. You consider that Mechfast Limited is exempt from the statutory audit requirement for the Period.

We have not been instructed to carry out an audit or a review of the financial statements of Mechfast 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 financial statements.

MHA Carpenter Box
26 September 2017
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1QR
MECHFAST LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
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2016
2015
£
£
£
£
Fixed assets
2,379
2,973
Current assets
49,410
82,887
Prepayments and accrued income
-
155
Creditors: amounts falling due within one year
(83,544)
(80,378)
Net current (liabilities)/assets
(34,134)
2,664
Total assets less current liabilities
(31,755)
5,637
Net (liabilities)/assets
(31,755)
5,637
Capital and reserves
(31,755)
5,637

Mechfast Limited is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1QR.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the Period ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the board of directors and authorised for issue on 25 September 2017 and are signed on its behalf by:
Mrs L Legon
Director
Company Registration Number 01325919
MECHFAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2016
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1
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Total
£
£
£
Cost
At 1 January 2016 and 31 December 2016
33,879
7,649
41,528
Depreciation and impairment
At 1 January 2016
33,652
4,903
38,555
Depreciation charged in the Period
45
549
594
At 31 December 2016
33,697
5,452
39,149
Carrying amount
At 31 December 2016
182
2,197
2,379
At 31 December 2015
227
2,746
2,973
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