Company Registration No. 9088143 (England and Wales)
MODERN GLASS & MIRRORS LTD
Unaudited accounts
for the year ended 30 June 2017
MODERN GLASS & MIRRORS LTD
Company Information
for the year ended 30 June 2017
Directors
Mr Miroslaw DYNOWSKI
Mr Slawomir Ryszard BURY
Company Number
9088143 (England and Wales)
Registered Office
259A BURNT OAK BROADWAY
EDGWARE
MIDDLESEX
HA8 5ED
UNITED KINGDOM
MODERN GLASS & MIRRORS LTD
Statement of financial position
as at 30 June 2017
Cash at bank and in hand
36,288
Creditors: amounts falling due within one year
(102,748)
Net current liabilities
(15,083)
Profit and loss account
110
For the year ending 30 June 2017 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 21 February 2018.
Mr Miroslaw DYNOWSKI
Director
Company Registration No. 9088143
MODERN GLASS & MIRRORS LTD
Notes to the Accounts
for the year ended 30 June 2017
MODERN GLASS & MIRRORS LTD is a private company, limited by shares, registered in England and Wales, registration number 9088143. The registered office is 259A BURNT OAK BROADWAY, EDGWARE, MIDDLESEX, HA8 5ED, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years
Computer equipment
3 years
Other tangible fixed assets
3 years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2016
18,317
1,200
-
19,517
At 30 June 2017
18,317
1,200
417
19,934
At 1 July 2016
1,900
400
-
2,300
Charge for the year
1,900
400
139
2,439
At 30 June 2017
3,800
800
139
4,739
At 30 June 2017
14,517
400
278
15,195
MODERN GLASS & MIRRORS LTD
Notes to the Accounts
for the year ended 30 June 2017
6
Creditors: amounts falling due within one year
2017
Taxes and social security
20,682
7
Average number of employees
During the year the average number of employees was 0.
