Accounts filed on 30-06-2017

Accounts filed on 30-06-2017

MASSOS LTD - Company Information

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Registered number: 08590076
MASSOS LTD
ACCOUNTS
FOR THE YEAR ENDED 30/06/2017
MASSOS LTD
ACCOUNTS
FOR THE YEAR ENDED 30/06/2017
DIRECTORS
Joel Spitzer
REGISTERED OFFICE
51 Craven Park Road
London
N15 6AH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08590076
MASSOS LTD
ACCOUNTS
FOR THEYEARENDED30/06/2017
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
MASSOS LTD
BALANCE SHEET AT 30/06/2017
20172016
Notes££
FIXED ASSETS
Tangible assets2124,303118,905
CURRENT ASSETS
Debtors417,62016,000
Cash at bank and in hand-1
17,62016,001
CREDITORS: Amounts falling due within one year58,1295,572
NET CURRENT ASSETS9,49110,429
TOTAL ASSETS LESS CURRENT LIABILITIES133,794129,334
CREDITORS: Amounts falling due after more than one year670,00070,000
PROVISIONS FOR LIABILITIES AND CHARGES812,48711,570
NET ASSETS51,30747,764
CAPITAL AND RESERVES
Called up share capital911
Profit and loss account51,30647,763
SHAREHOLDERS' FUNDS51,30747,764
For the year ending 30/06/2017 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/06/2018 and signed on their behalf by
.............................
Joel Spitzer
Director
MASSOS LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. TANGIBLE FIXED ASSETS
Cost
At 30/06/2017
Depreciation
At 30/06/2017
Net Book Amounts
At 30/06/2017
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/07/2016118,905118,905
Revaluation5,3985,398
At 30/06/2017124,303124,303
4. DEBTORS 20172016
££
Amounts falling due within one year
Other debtors17,62016,000
17,62016,000
MASSOS LTD
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20172016
££
Other creditors5,8253,772
Accruals2,3041,800
8,1295,572
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20172016
££
Bank loans (secured) >1yr70,00070,000
70,00070,000
7. EMPLOYEES
20172016
No.No.
8. PROVISIONS FOR LIABILITIES 20172016
££
Deferred taxation12,48711,570
12,48711,570
9. SHARE CAPITAL 20172016
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11