Mark Loucas Limited - Accounts to registrar (filleted) - small 17.3

Mark Loucas Limited - Accounts to registrar (filleted) - small 17.3

MARK LOUCAS LIMITED - Company Information

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REGISTERED NUMBER: 06407176 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 October 2017

for

Mark Loucas Limited
Mark Loucas Limited (Registered number: 06407176)






Contents of the Financial Statements
for the Year Ended 31 October 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Mark Loucas Limited

Company Information
for the Year Ended 31 October 2017







DIRECTORS: Mr M X L Verghese
Mr G L Florides





REGISTERED OFFICE: Suite 1
Baker House
4 Horsley Road
Bromley
Kent
BR1 3LB





REGISTERED NUMBER: 06407176 (England and Wales)





ACCOUNTANTS: A4G LLP
Kings Lodge
London Road
West Kingsdown
Sevenoaks
Kent
TN15 6AR
Page 1
Mark Loucas Limited (Registered number: 06407176)

Abridged Balance Sheet
31 October 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,152 7,907

CURRENT ASSETS
Stocks - 32,724
Debtors 756,695 889,339
Cash at bank and in hand 333,607 570,798
1,090,302 1,492,861
CREDITORS
Amounts falling due within one year 472,625 677,080
NET CURRENT ASSETS 617,677 815,781
TOTAL ASSETS LESS CURRENT
LIABILITIES
624,829
823,688

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 624,729 823,588
SHAREHOLDERS' FUNDS 624,829 823,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 8 January 2018 and were signed on its behalf by:




Mr G L Florides - Director



Mr M X L Verghese - Director


The notes form part of these financial statements

Page 2
Mark Loucas Limited (Registered number: 06407176)

Notes to the Financial Statements
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

Mark Loucas Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work
carried out in respect of services provided to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2016 55,158
Additions 1,758
At 31 October 2017 56,916
DEPRECIATION
At 1 November 2016 47,251
Charge for year 2,513
At 31 October 2017 49,764
NET BOOK VALUE
At 31 October 2017 7,152
At 31 October 2016 7,907

5. RELATED PARTY DISCLOSURES

During the year there was no single individual or entity controlling the company.

Page 3