| M.A.M. ESTATES LIMITED |
| Registered number: |
05904478 |
| Balance Sheet |
| as at 31 March 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
42,335 |
|
|
43,526 |
|
| Current assets |
| Debtors |
3 |
|
341,817 |
|
|
262,956 |
| Cash at bank and in hand |
|
|
791 |
|
|
84 |
|
|
|
342,608 |
|
|
263,040 |
|
| Creditors: amounts falling due within one year |
4 |
|
(227,298) |
|
|
(159,106) |
|
| Net current assets |
|
|
|
115,310 |
|
|
103,934 |
|
| Total assets less current liabilities |
|
|
|
157,645 |
|
|
147,460 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(240,929) |
|
|
(241,958) |
|
|
|
| Net liabilities |
|
|
|
(83,284) |
|
|
(94,498) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(83,384) |
|
|
(94,598) |
|
| Shareholder's funds |
|
|
|
(83,284) |
|
|
(94,498) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Jurana Munim |
| Director |
| Approved by the board on 8 November 2017 |
|
| M.A.M. ESTATES LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Trnover represents the invoiced value of commission charged. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
|
Land and building |
Nil |
|
Fixtures, fittings, tools and equipment |
15% reducing balance |
|
|
|
Going concern |
|
The company's director has confirmed that she will continue to financially support the company by the introduction of further capital or by other means. In view of this the director is satisfied that the company will have sufficient resources to enable it to continue in existence for the foreseeable future, being a period of at least twelve months from the date of these financial statements, and that it is therefore appropriate to prepare the financial statements on going concern basis. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Fixture, fittings and equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2016 |
35,586 |
|
15,805 |
|
51,391 |
|
At 31 March 2017 |
35,586 |
|
15,805 |
|
51,391 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2016 |
- |
|
7,865 |
|
7,865 |
|
Charge for the year |
- |
|
1,191 |
|
1,191 |
|
At 31 March 2017 |
- |
|
9,056 |
|
9,056 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2017 |
35,586 |
|
6,749 |
|
42,335 |
|
At 31 March 2016 |
35,586 |
|
7,940 |
|
43,526 |
|
|
| 3 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade debtors |
42,500 |
|
42,500 |
|
Other debtors |
299,317 |
|
220,456 |
|
|
|
|
|
|
341,817 |
|
262,956 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade creditors |
5,276 |
|
5,536 |
|
Corporation tax |
550 |
|
- |
|
Other taxes and social security costs |
- |
|
388 |
|
Other creditors |
221,472 |
|
153,182 |
|
|
|
|
|
|
227,298 |
|
159,106 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other creditors |
240,929 |
|
241,958 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
M.A.M. ESTATES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
218a Brick Lane |
|
London |
|
E1 6SA |
