Maccreanor Lavington Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04944069 (England and Wales)

Financial Statements for the Year Ended 31st October 2017

for

Maccreanor Lavington Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

G E Maccreanor

R J Lavington

SECRETARY:

R J Lavington

REGISTERED OFFICE:

77 Bastwick Street

London

EC1V 3PZ

REGISTERED NUMBER:

04944069 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

The following reproduces the text of the report prepared for the directors 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 Directors 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 Maccreanor Lavington Limited for the year ended 31st October 2017 which comprise the Income

Statement, 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 Board of Directors of Maccreanor Lavington Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Maccreanor Lavington Limited and state those matters that we have agreed to state to the Board of Directors of Maccreanor Lavington Limited, as a body, 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 Maccreanor Lavington Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Maccreanor Lavington Limited 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 Maccreanor Lavington Limited. You consider that Maccreanor Lavington Limited 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 Maccreanor Lavington Limited. 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.

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

30th July 2018

FIXED ASSETS

Intangible assets

4

46,080

57,600

Tangible assets

5

108,287

199,532

154,367

257,132

CURRENT ASSETS

Debtors

6

1,268,502

909,138

Cash at bank

1,039,069

934,200

2,307,571

1,843,338

CREDITORS

Amounts falling due within one year

7

965,944

896,745

NET CURRENT ASSETS

1,341,627

946,593

TOTAL ASSETS LESS CURRENT LIABILITIES

1,495,994

1,203,725

PROVISIONS FOR LIABILITIES

25,396

25,083

NET ASSETS

1,470,598

1,178,642

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

1,470,496

1,178,540

SHAREHOLDERS' FUNDS

1,470,598

1,178,642

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2017 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 12th July 2018 and were signed on its behalf by:

R J Lavington - Director

1.	STATUTORY INFORMATION

Maccreanor Lavington 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.

Turnover

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

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in the acquisition of a business in 2003, was being amortised evenly over its

estimated useful life of twenty five years. On 1 November 2016 the remaining useful life was estimated to be

five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33.3% on cost and 20% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st November 2016

and 31st October 2017

120,000

AMORTISATION

At 1st November 2016

62,400

Charge for year

11,520

At 31st October 2017

73,920

NET BOOK VALUE

At 31st October 2017

46,080

At 31st October 2016

57,600

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st November 2016

607,498

Additions

36,585

Disposals

(350,528

)

At 31st October 2017

293,555

DEPRECIATION

At 1st November 2016

407,966

Charge for year

122,758

Eliminated on disposal

(345,456

)

At 31st October 2017

185,268

NET BOOK VALUE

At 31st October 2017

108,287

At 31st October 2016

199,532

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

655,225

513,490

Other debtors

613,277

395,648

1,268,502

909,138

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

82,543

324,635

Taxation and social security

348,128

57,341

Other creditors

535,273

514,769

965,944

896,745