Marvelpress Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06954162 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Marvelpress Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

J S Harkins

REGISTERED OFFICE:

Office 3, Unit 6

Arundel Business Park

Claywheels Lane

Sheffield

South Yorkshire

S6 1LZ

REGISTERED NUMBER:

06954162 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

4 Park Square

Newton Chambers Road

Chapeltown

Sheffield

South Yorkshire

S35 2PH

CURRENT ASSETS

Debtors

5

-

58,317

Cash at bank

-

108,386

-

166,703

CREDITORS

Amounts falling due within one year

6

-

225,472

NET CURRENT LIABILITIES

-

(58,769

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

(58,769

)

CAPITAL AND RESERVES

Called up share capital

7

200

200

Retained earnings

8

(200

)

(58,969

)

SHAREHOLDERS' FUNDS

-

(58,769

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 15 May 2018 and were signed by:

J S Harkins - Director

1.	STATUTORY INFORMATION

Marvelpress 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.

The company ceased trading as at 31st December 2016. The company's assets and liabilities were finalised

and dealt with during the year to 31st December 2017.

Turnover

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

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Plant and machinery

-

25% on reducing balance

Computers & equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 20 ).

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computers

property

machinery

& equipment

Totals

£

£

£

£

COST

At 1 January 2017

47,065

81,535

234,664

363,264

Disposals

(47,065

)

(81,535

)

(234,664

)

(363,264

)

At 31 December 2017

-

-

-

-

DEPRECIATION

At 1 January 2017

47,065

81,535

234,664

363,264

Eliminated on disposal

(47,065

)

(81,535

)

(234,664

)

(363,264

)

At 31 December 2017

-

-

-

-

NET BOOK VALUE

At 31 December 2017

-

-

-

-

At 31 December 2016

-

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

-

58,317

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

-

39,313

VAT

-

22,029

Accrued expenses

-

164,130

-

225,472

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.17

31.12.16

value:

£

£

200

Ordinary

£1

200

200

8.

RESERVES

Retained

earnings

£

At 1 January 2017

(58,969

)

Profit for the year

58,769

At 31 December 2017

(200

)

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Marvelpress Ltd for the year ended 31 December 2017 which comprise the Profit and Loss

Account, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Marvelpress Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marvelpress Ltd and state those matters that we have agreed to state to the director of Marvelpress Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marvelpress Ltd and its director for our work or for this report.

It is your duty to ensure that Marvelpress Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Marvelpress Ltd. You consider that Marvelpress Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marvelpress Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sochall Smith Limited

4 Park Square

Newton Chambers Road

Chapeltown

Sheffield

South Yorkshire

S35 2PH

15 May 2018