Marton Alexander Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07970862 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Marton Alexander Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T Legg

REGISTERED OFFICE:

80 Baddow Road

Chelmsford

Essex

CM2 7PJ

REGISTERED NUMBER:

07970862 (England and Wales)

CURRENT ASSETS

Debtors

4

28,198

10,000

Cash at bank

55,043

38,240

83,241

48,240

CREDITORS

Amounts falling due within one year

5

20,315

14,303

NET CURRENT ASSETS

62,926

33,937

TOTAL ASSETS LESS CURRENT LIABILITIES

62,926

33,937

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

62,925

33,936

62,926

33,937

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 26 April 2018 and were signed by:

T Legg - Director

1.	STATUTORY INFORMATION

Marton Alexander 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.

There have been no changes to comparatives due to the adoption of FRS 102.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

14,750

10,000

Other debtors

13,448

-

28,198

10,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

20,315

9,315

Other creditors

-

4,988

20,315

14,303

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £15,000 (2016 - £28,000) were paid to the director .

At 31st March 2017 Mr T Legg owed the company £13,448 (2016: the company owed Mr T Legg £1,661). This

amount was repaid on 21st December 2017.