M & H Testing Ltd - Accounts to registrar (filleted) - small 17.3

M & H Testing Ltd - Accounts to registrar (filleted) - small 17.3

M & H TESTING LIMITED - Company Information

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REGISTERED NUMBER: 06797165 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2018

FOR

M & H TESTING LTD
M & H TESTING LTD (REGISTERED NUMBER: 06797165)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


M & H TESTING LTD

COMPANY INFORMATION
for the Year Ended 31 January 2018







DIRECTOR: S Messer





REGISTERED OFFICE: Southfield
Barnfield Road
Charing Heath
ASHFORD
Kent
TN27 0BP





REGISTERED NUMBER: 06797165 (England and Wales)





ACCOUNTANTS: Hilary Adams Ltd
Chartered Accountants
158 High Street
Herne Bay
Kent
CT6 5NP
Page 1
M & H TESTING LTD (REGISTERED NUMBER: 06797165)

STATEMENT OF FINANCIAL POSITION
31 January 2018

31.1.18 31.1.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 103,343 57,813

CURRENT ASSETS
Debtors 5 213,105 128,518
Cash at bank 213,505 254,253
426,610 382,771
CREDITORS
Amounts falling due within one year 6 154,343 99,230
NET CURRENT ASSETS 272,267 283,541
TOTAL ASSETS LESS CURRENT
LIABILITIES
375,610
341,354

CREDITORS
Amounts falling due after more than one
year
7
(22,183
)
(13,994
)

PROVISIONS FOR LIABILITIES (11,009 ) (11,014 )
NET ASSETS 342,418 316,346

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 342,408 316,336
SHAREHOLDERS' FUNDS 342,418 316,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 11 April 2018 and were signed by:




S Messer - Director


The notes form part of these financial statements

Page 2
M & H TESTING LTD (REGISTERED NUMBER: 06797165)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2018

1. STATUTORY INFORMATION

M & H Testing Ltd 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 net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost, 20% on cost and 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates
and laws that have been enacted or substantively enacted by the year end and that are expected to apply
to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the
shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital
element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of
the lease.

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.

Page 3 continued...
M & H TESTING LTD (REGISTERED NUMBER: 06797165)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2017 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2017 117,338
Additions 85,230
Disposals (7,500 )
At 31 January 2018 195,068
DEPRECIATION
At 1 February 2017 59,525
Charge for year 37,820
Eliminated on disposal (5,620 )
At 31 January 2018 91,725
NET BOOK VALUE
At 31 January 2018 103,343
At 31 January 2017 57,813

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2017 71,583
Additions 30,845
Transfer to ownership (24,869 )
At 31 January 2018 77,559
DEPRECIATION
At 1 February 2017 35,504
Charge for year 19,390
Transfer to ownership (18,635 )
At 31 January 2018 36,259
NET BOOK VALUE
At 31 January 2018 41,300
At 31 January 2017 36,079

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Trade debtors 201,380 114,813
Other debtors 11,725 13,705
213,105 128,518

Page 4 continued...
M & H TESTING LTD (REGISTERED NUMBER: 06797165)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Hire purchase contracts 20,670 16,694
Trade creditors 17,236 14,079
Taxation and social security 114,948 66,965
Other creditors 1,489 1,492
154,343 99,230

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.18 31.1.17
£    £   
Hire purchase contracts 22,183 13,994

Page 5