MECS COMMUNICATIONS LIMITED - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04048484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

MECS COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Howe

REGISTERED OFFICE:

Coppergate House

16 Brune Street

London

E1 7NJ

REGISTERED NUMBER:

04048484 (England and Wales)

ACCOUNTANTS:

The Greene Partnership LLP

Accountants

Suite A, 10th Floor Maple House

High Street

Potters Bar

Hertfordshire

EN6 5BS

FIXED ASSETS

Tangible assets

4

3,775

5,033

CURRENT ASSETS

Debtors

5

584,837

97,749

Cash at bank

366,368

881,191

951,205

978,940

CREDITORS

Amounts falling due within one year

6

275,919

361,637

NET CURRENT ASSETS

675,286

617,303

TOTAL ASSETS LESS CURRENT LIABILITIES

679,061

622,336

CAPITAL AND RESERVES

Called up share capital

7

150

150

Retained earnings

678,911

622,186

SHAREHOLDERS' FUNDS

679,061

622,336

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 15 September 2017 and were signed by:

M Howe - Director

1.	STATUTORY INFORMATION

MECS COMMUNICATIONS 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 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.

Fixtures and fittings

-

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 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

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2016

and 31 December 2016

9,927

7,593

17,520

DEPRECIATION

At 1 January 2016

4,894

7,593

12,487

Charge for year

1,258

-

1,258

At 31 December 2016

6,152

7,593

13,745

NET BOOK VALUE

At 31 December 2016

3,775

-

3,775

At 31 December 2015

5,033

-

5,033

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

576,525

88,879

Prepayments

8,312

8,870

584,837

97,749

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Other loans

75,000

75,000

Creditors and accruals

34,473

123,214

Tax

16,093

52,618

Social security and other taxes

77,973

22,845

VAT

19,380

44,746

Directors' current accounts

53,000

43,214

275,919

361,637

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

150

Ordinary

£1

150

150

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M Howe.