Accounts filed on 31-03-2017

MTI CONSULTANTS LLP - Company Information


Registered number: OC392023






MTI CONSULTANTS LLP


ACCOUNTS

FOR THE YEAR ENDED 31/03/2017
























Prepared By:
Martin & Fahy
Chartered Certified Accountants
7 Milbanke Court
Milbanke Way
Bracknell
RG12 1RP


MTI CONSULTANTS LLP


CONTENTS



		Page

Report of the Members		-


Report of the Accountants		-

Profit and Loss Account		-

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		-

Capital Accounts		-

Current Accounts		-


ACCOUNTS
FOR THE YEAR ENDED 31/03/2017





DESIGNATED MEMBERS
Stephen May
Carleen May


REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP


COMPANY NUMBER
OC392023



ACCOUNTANTS
Martin & Fahy
Chartered Certified Accountants
7 Milbanke Court
Milbanke Way
Bracknell
RG12 1RP


BALANCE SHEET AT 31/03/2017

			2017		2016
	Notes		£		£

FIXED ASSETS

Tangible assets	2		64,162		39,531

CURRENT ASSETS

Debtors	3	1,526		647
Cash at bank and in hand		805		462
		2,331		1,109
CREDITORS: Amounts falling due within one year		41,034		21,131
NET CURRENT LIABILITIES			(38,703)		(20,022)
NET ASSETS ATTRIBUTABLE TO MEMBERS			25,459		19,509

LOANS AND OTHER DEBTS DUE TO MEMBERS			25,459		19,509
MEMBERS ' OTHER INTERESTS
			25,459		19,509

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members			25,459		19,509
			25,459		19,509
For the year ending 31/03/2017 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the members on 20/12/2017 and signed on their behalf by



.............................
Stephen May
Designated Member


NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2017

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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




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

Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 25%
Motor Cars		reducing balance 25%




1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




2. TANGIBLE FIXED ASSETS

	Fixtures
	and Fittings	Equipment	Motor Cars	Total
	£	£	£	£
Cost
At 01/04/2016	2,404	9,566	46,927	58,897
Additions	-	3,209	36,482	39,691
At 31/03/2017	2,404	12,775	83,409	98,588
Depreciation
At 01/04/2016	556	3,421	15,389	19,366
For the year	277	2,338	12,445	15,060
At 31/03/2017	833	5,759	27,834	34,426
Net Book Amounts
At 31/03/2017	1,571	7,016	55,575	64,162
At 31/03/2016	1,848	6,145	31,538	39,531




3. DEBTORS	2017	2016
	£	£

Amounts falling due within one year:
Other Debtors	1,526	647
	1,526	647