MHW (Oxon) Ltd Small abridged accounts
MHW (Oxon) Ltd Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
08493137
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Abridged Financial Statements |
Year ended 31 March 2017
Contents |
Page |
Abridged statement of financial position |
1 |
Notes to the abridged financial statements |
2 |
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
– |
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Debtors |
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Creditors: amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
27 December 2017
, and are signed on behalf of the board by:
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Director |
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Company registration number:
08493137
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Notes to the Abridged Financial Statements |
Year ended 31 March 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1a Hailey Road, Witney, OX28 1HH.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 May 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 7.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Impairment of fixed assets
Stocks
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2016: Nil).
5.
Tangible assets
£ |
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Cost |
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At 1 April 2016 |
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Additions |
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At 31 March 2017 |
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Depreciation |
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At 1 April 2016 |
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Charge for the year |
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At 31 March 2017 |
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Carrying amount |
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At 31 March 2017 |
16,571 |
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At 31 March 2016 |
15,777 |
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6.
Related party transactions
7.
Transition to FRS 102
These are the first abridged financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 May 2015.
No transitional adjustments were required in equity or profit or loss for the period.