FIRST UNION MORTGAGES LIMITED

FIRST UNION MORTGAGES LIMITED

FIRST UNION MORTGAGES LIMITED - Company Information

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FIRST UNION MORTGAGES LIMITED

Company Registration Number:
03732112 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2017

Period of accounts

Start date: 01 September 2016

End date: 31 August 2017

FIRST UNION MORTGAGES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2017

Balance sheet
Notes

FIRST UNION MORTGAGES LIMITED

Balance sheet

As at 31 August 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 21,843 17,542
Total fixed assets: 21,843 17,542
Current assets
Debtors: 3 144,042 130,419
Cash at bank and in hand: 50,936 84,905
Total current assets: 194,978 215,324
Creditors: amounts falling due within one year:   (151,676) (193,471)
Net current assets (liabilities): 43,302 21,853
Total assets less current liabilities: 65,145 39,395
Total net assets (liabilities): 65,145 39,395
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 65,045 39,295
Shareholders funds: 65,145 39,395

The notes form part of these financial statements

FIRST UNION MORTGAGES LIMITED

Balance sheet statements

For the year ending 31 August 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 May 2018
and signed on behalf of the board by:

Name: Mr Meir Plancey
Status: Director

The notes form part of these financial statements

FIRST UNION MORTGAGES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FIRST UNION MORTGAGES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

2. Tangible Assets

Total
Cost £
At 01 September 2016 397,650
Additions 18,224
At 31 August 2017 415,874
Depreciation
At 01 September 2016 380,108
Charge for year 13,923
At 31 August 2017 394,031
Net book value
At 31 August 2017 21,843
At 31 August 2016 17,542

FIRST UNION MORTGAGES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

3. Debtors

2017 2016
££
Debtors due after more than one year: 144,042 130,419

FIRST UNION MORTGAGES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

4. Loans to directors

Name of director receiving advance or credit: Mr Meir Plancey
Description of the loan: Unsecured, interest free and repayable on demand loan.
£
Balance at 01 September 2016 26,433
Advances or credits repaid: 15,000
Balance at 31 August 2017 11,433
Name of director receiving advance or credit: Mr Adam Brand
Description of the loan: Unsecured, interest free and repayable on demand loan.
£
Balance at 01 September 2016 26,433
Advances or credits repaid: 15,000
Balance at 31 August 2017 11,433