Accounts Submission

THE MERLIN VENTURE LIMITED - Company Information

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Company Registration Number:
03615422 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

Contents of the Financial Statements

for the Period Ended 31 March 2017


Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Directors' Report Period Ended 31 March 2017

The directors present their report with the financial statements of the company for the period ended 31 March 2017

Principal Activities

The principal activity of the company is to create and sustain local employment, and this is currently being done by the provision of two daycare nurseries.

Directors

The directors shown below have held office during the whole of the period from 01 April 2016 to 31 March 2017
Martyn Collin
Wendy Stokes
Peter Richmond
Paul Charlton

The director(s) shown below were appointed to the company during the period
Laura Green
13 July 2016

The director(s) shown below resigned during the period
Darren Mann
08 June 2016

Secretary
Robert Brown

This report was approved by the board of directors on 22 November 2017
And Signed On Behalf Of The Board By:

Name: Martyn Collin
Status: Director

Income and Expenditure Account

for the Period Ended 31 March 2017

	2017 £	2016 £
Gross surplus or (deficit)	563,945	564,278
Distribution Costs	(0)	(0)
Administrative Expenses	(532,987)	(630,510)
Operating surplus or (deficit)	30,958	(66,232)
Interest Receivable and Similar Income	-	45
Surplus or (deficit) before tax	30,958	(66,187)
Tax on surplus	(0)	(0)
Surplus or (deficit) for the period	30,958	(66,187)

The notes form part of these financial statements

Balance sheet

As at 31 March 2017

	Notes	2017 £	2016 £
Fixed assets
Tangible assets:	2	77,188	87,489
Total fixed assets:		77,188	87,489
Current assets
Debtors:		9,778	4,150
Cash at bank and in hand:		140,513	96,899
Total current assets:		150,291	101,049
Prepayments and accrued income:		6,016	7,000
Creditors: amounts falling due within one year:		( 310 )	( 2,642 )
Net current assets (liabilities):		155,997	105,407
Total assets less current liabilities:		233,185	192,896
Creditors: amounts falling due after more than one year:		( 58,500 )	( 68,250 )
Accruals and deferred income:		( 59,825 )	( 40,744 )
Total net assets (liabilities):		114,860	83,902

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2017

	2017 £	2016 £
Reserves
Income and expenditure account	114,860	83,902
Members funds	114,860	83,902

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 November 2017
And Signed On Behalf Of The Board By:

Name: Martyn Collin
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Tangible Assets

	Total
Cost	£
At 01 April 2016	271,762
Additions	1,418
Disposals	(40,732)
Revaluations	-
Transfers	-
At 31 March 2017	232,448
Depreciation
At 01 April 2016	184,273
Charge for year	11,719
On disposals	(40,732)
Other adjustments	-
At 31 March 2017	155,260
Net book value
At 31 March 2017	77,188
At 31 March 2016	87,489

Accounts Submission