Mead & Co. Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03382862 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

MEAD & CO. LIMITED

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

M J Mead

SECRETARY:

Mrs G Mead

REGISTERED OFFICE:

24 High Street

Saffron Walden

Essex

CB10 1AX

REGISTERED NUMBER:

03382862 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

24 High Street

Saffron Walden

Essex

CB10 1AX

FIXED ASSETS

12,420

17,326

CURRENT ASSETS

246,573

273,521

PREPAYMENTS AND ACCRUED INCOME

2,345

2,346

CREDITORS

Amounts falling due within one year

(33,699

)

(44,630

)

NET CURRENT ASSETS

215,219

231,237

TOTAL ASSETS LESS CURRENT
LIABILITIES

227,639

248,563

ACCRUALS AND DEFERRED INCOME

16,354

13,261

NET ASSETS

211,285

235,302

CAPITAL AND RESERVES

211,285

235,302

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2016 - 3 ) .

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director owed the company £4,500 at the balance sheet date, (2016 - £5,262). The maximum amount

due during the year was £9,762 (£2016 - £13,600). This balance was repaid by the date of signing the

accounts. This loan was interest free.

3.	OTHER FINANCIAL COMMITMENTS

There is a contingent liability of £40,064 in respect of a dispute with HMRC in relation to the operation of

employment taxes by the company. As there is significant uncertainty as to the likely outcome of this matter

the Director considers it appropriate to treat this as a contingent liability in these accounts.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 March 2018 and were signed by:

M J Mead - Director

Mead & Co. Limited - Accounts to registrar (filleted) - small 17.3

Mead & Co. Limited - Accounts to registrar (filleted) - small 17.3