Accounts filed on 28-02-2017


Registered number: 2468944






Refrigeration (Mitton) Limited


ACCOUNTS

FOR THE YEAR ENDED 28/02/2017
























Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


Refrigeration (Mitton) Limited


ACCOUNTS
FOR THE YEAR ENDED 28/02/2017





DIRECTORS
A D C Mitton
B J S Mitton
G F B Mitton
Mrs W Mitton
J T Wardrope



SECRETARY
Mrs W Mitton


REGISTERED OFFICE
Polar House
East Norfolk Street
Carlisle
CA2 5JL


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 2468944



BANKERS
National Westminster Bank plc



ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


ACCOUNTS
FOR THEYEARENDED28/02/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 28/02/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		45,818		47,308

CURRENT ASSETS
Stock		46,454		83,208
Debtors	4	226,478		286,147
Cash at bank and in hand		25,193		5,509
		298,125		374,864
CREDITORS: Amounts falling due within one year	5	168,718		224,970
NET CURRENT ASSETS			129,407		149,894
TOTAL ASSETS LESS CURRENT LIABILITIES			175,225		197,202

CAPITAL AND RESERVES

Called up share capital	7		165,010		165,010
Profit and loss account			10,215		32,192
SHAREHOLDERS' FUNDS			175,225		197,202

For the year ending 28/02/2017 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/11/2017 and signed on their behalf by



.............................
A D C Mitton
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant, Machinery and Equipment		reducing balance 10%
Motor Vehicles		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	108,256	132,771
Amounts due from group companies	115,533	151,293
Prepayments	2,689	2,083
	226,478	286,147




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	896	3,875
Directors current account	1,000	1,000
Bank Loan	-	5,755
Trade creditors	116,329	129,051
Other creditors	21,416	37,787
Accruals and Deferred Income	29,077	47,502
	168,718	224,970




7. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
165000 "A" Ordinary shares of £1 each	165000	165000
10 "B" Ordinary shares of £1 each	10	10
	165,010	165,010




8. CONTROLLING PARTY
Mitton Refrigeration Limited (a company controlled by Mrs W Mitton) is the ultimate holding company of Refrigeration (Mitton) Limited