Mentow Enterprises Limited - Accounts to registrar (filleted) - small 18.1
Mentow Enterprises Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28 February 2018 |
| for |
| Mentow Enterprises Limited |
| Mentow Enterprises Limited (Registered number: 03163922) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Mentow Enterprises Limited |
| Company Information |
| for the Year Ended 28 February 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 4 Riverview |
| Walnut Tree Close |
| Guildford |
| Surrey |
| GU1 4UX |
| Mentow Enterprises Limited (Registered number: 03163922) |
| Balance Sheet |
| 28 February 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Fair value reserve | 11 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on were signed on its behalf by: |
| Mentow Enterprises Limited (Registered number: 03163922) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2018 |
| 1. | STATUTORY INFORMATION |
| Mentow Enterprises Limited is a |
| England and Wales. The company's registered number and registered office address |
| can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or |
| deficit arising from changes in fair value is recognised in profit or loss. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 March 2017 |
| Additions |
| At 28 February 2018 |
| NET BOOK VALUE |
| At 28 February 2018 |
| At 28 February 2017 |
| Fair value at 28 February 2018 is represented by: |
| £ |
| Valuation in 2017 | 735,000 |
| Cost | 4,083,308 |
| 4,818,308 |
| If investment property had not been revalued it would have been included at the |
| following historical cost: |
| 2018 | 2017 |
| £ | £ |
| Cost | 4,083,308 | 4,079,746 |
| Investment property was valued on a current market value basis on 7 April 2017 by |
| Matthews & Goodman LLP . |
| The Directors take the view that the fair value at the year end is not materially |
| different from this valuation. |
| Mentow Enterprises Limited (Registered number: 03163922) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank Loan 5+ years | - | 522,153 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| The Bank loans are secured by a mortgage over the investment properties of the |
| company. |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1 March 2017 |
| Deferred tax | 14,730 |
| At 28 February 2018 |
| 12. | ULTIMATE CONTROLLING PARTY |
| Mentow Enterprises Limited is controlled by Mrs N Smith and Mr R J Bond by virtue |
| of their controlling shareholding. |