Meyer & Marsh Limited


Acorah Software Products - Accounts Production 6.1.031 false No description of principal activity Petronella Davies false 1 April 2016 31 March 2017 31 March 2017 07916378 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07916378 2016-03-31 07916378 2017-03-31 07916378 2016-04-01 2017-03-31 07916378 frs-core:CurrentFinancialInstruments 2017-03-31 07916378 frs-core:CurrentFinancialInstruments 2016-04-01 2017-03-31 07916378 frs-core:Non-currentFinancialInstruments 2017-03-31 07916378 frs-core:Non-currentFinancialInstruments 2016-04-01 2017-03-31 07916378 frs-core:CurrentFinancialInstruments 2016-04-01 2017-03-31 07916378 frs-core:CurrentFinancialInstruments 2017-03-31 07916378 frs-core:AfterOneYear 2016-04-01 2017-03-31 07916378 frs-core:BetweenOneFiveYears 2016-04-01 2017-03-31 07916378 frs-core:BetweenOneFiveYears 2017-03-31 07916378 frs-core:ComputerEquipment 2017-03-31 07916378 frs-core:ComputerEquipment 2016-04-01 2017-03-31 07916378 frs-core:ComputerEquipment 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dpl-frs:CostSales dpl-frs:Item12 2015-03-31 07916378 dpl-frs:CostSales dpl-frs:Item12 2016-03-31 07916378 dpl-frs:DistributionCosts dpl-frs:Item12 2015-04-01 2016-03-31 07916378 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2015-04-01 2016-03-31 07916378 1 2015-04-01 2016-03-31 07916378 frs-countries:EnglandWales 2015-04-01 2016-03-31
Registered number: 07916378
Meyer & Marsh Limited
Unaudited Financial Statements
For The Year Ended 31 March 2017
DTBC Ltd t/a Thompson & Co

SME House
Unit 1 Holme Lacy Industrial Estate
Hereford
HR2 6DR
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—7
Balance Sheet
Registered number: 07916378
2017 2016
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 7 2,298 3,404
2,298 3,404
CURRENT ASSETS
Stocks 8 61,014 72,746
Debtors 9 4,224 17,899
Cash at bank and in hand 63,789 22,093
129,027 112,738
Creditors: Amounts Falling Due Within One Year 10 (65,564 ) (48,687 )
NET CURRENT ASSETS (LIABILITIES) 63,463 64,051
TOTAL ASSETS LESS CURRENT LIABILITIES 65,761 67,455
NET ASSETS 65,761 67,455
CAPITAL AND RESERVES
Called up share capital 11 80 90
Share premium account 21,480 29,970
Profit and loss account 44,201 37,395
SHAREHOLDERS' FUNDS 65,761 67,455
Page 1
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
Mr Robert Davies
Mrs Petronella Davies
Mrs Victoria Dutton
20th December 2017

The notes on pages 4 to 7 form part of these financial statements.
Page 2
Statement of Changes in Equity
Share Capital Share Premium Profit & Loss Account Total
£ £ £ £
As at 1 April 2015 90 - 30,010 30,100
Profit for the year and total comprehensive income - - 7,385 7,385
Arising on shares issued during the period 10 39,960 - 39,970
Purchase of own shares (10 ) (9,990 ) - (10,000)
As at 31 March 2016 and 1 April 2016 90 29,970 37,395 67,455
Profit for the year and total comprehensive income - - 6,806 6,806
Arising on shares issued during the period - - - -
Purchase of own shares (10 ) (8,490 ) - (8,500)
As at 31 March 2017 80 21,480 44,201 65,761
Page 3
Notes to the Unaudited Accounts
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% RB
Computer Equipment 33% SL
1.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4. Average number of employees
Average number of employees, including directors, during the year was as follows:
2017 2016
Sales, marketing and distribution 3 -
3 -
Page 4
7. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2016 4,084 1,020 5,104
As at 31 March 2017 4,084 1,020 5,104
Depreciation
As at 1 April 2016 1,020 680 1,700
Provided during the period 766 340 1,106
As at 31 March 2017 1,786 1,020 2,806
Net Book Value
As at 31 March 2017 2,298 - 2,298
As at 1 April 2016 3,064 340 3,404
8. Stocks
2017 2016
£ £
Stock - finished goods 61,014 72,746
61,014 72,746
9. Debtors
2017 2016
£ £
Due within one year
Trade debtors - 11,568
Prepayments and accrued income 583 1,190
Other debtors 3,641 3,641
Called up share capital not paid - 1,500
4,224 17,899
Page 5
10. Creditors: Amounts Falling Due Within One Year
2017 2016
£ £
Trade creditors 1,448 124
Corporation tax 1,977 1,354
VAT 8,523 2,005
Other creditors 37,327 28,789
Company credit card 119 -
Accruals and deferred income 1,500 1,745
Directors' loan accounts 14,670 14,670
65,564 48,687
11. Share Capital
Value Number 2017 2016
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 80 80 90
Nominal value Number Amount
Shares disposed during the period: £ £
Ordinary shares 1.000 10 (10)
12. Related Party Transactions
Included within Creditors owing within one year are the following amounts owed to the Directors:
Mrs Petronella Davies £12,350 (2016: £12,350)
Mrs Victoria Dutton £2,220 (2016: £2,220)
Mr Robert Davies £100 (2016: £100)


13. Controlling Party
The company's controlling parties are the Directors by virtue of holding all of the Called Up Share Capital.
14. Transition to FRS 102
The date of transition to FRS102 was 1st April 2015. The transition was carried out without adjustment to the Balance Sheet, nor updates to company policies being necessary.
Page 6
15. General Information
Meyer & Marsh Limited Registered number 07916378 is a limited by shares company incorporated in England & Wales. The Registered Office is SME House, Unit 1 Holme Lacy Industrial Estate, Hereford, HR2 6DR.
Page 7