M Ladbrook Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05711191 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

M Ladbrook Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms M K Hallowes

T D Larden

REGISTERED OFFICE:

5A County House

Waterside Business Park

Rotherham Road

Dinnington

South Yorkshire

S25 3QA

REGISTERED NUMBER:

05711191 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

2,651

2,293

CURRENT ASSETS

Debtors

5

42,727

51,139

Cash at bank and in hand

88,644

80,821

131,371

131,960

CREDITORS

Amounts falling due within one year

6

(95,447

)

(97,157

)

NET CURRENT ASSETS

35,924

34,803

TOTAL ASSETS LESS CURRENT LIABILITIES

38,575

37,096

PROVISIONS FOR LIABILITIES

(477

)

(403

)

NET ASSETS

38,098

36,693

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

37,998

36,593

SHAREHOLDERS' FUNDS

38,098

36,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 31 July 2018 and were signed on its behalf by:

Ms M K Hallowes - Director

1.	STATUTORY INFORMATION

M Ladbrook 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.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 9 (2017 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2017

2,344

6,950

9,294

Additions

-

1,242

1,242

At 31 March 2018

2,344

8,192

10,536

DEPRECIATION

At 1 April 2017

1,840

5,161

7,001

Charge for year

126

758

884

At 31 March 2018

1,966

5,919

7,885

NET BOOK VALUE

At 31 March 2018

378

2,273

2,651

At 31 March 2017

504

1,789

2,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

42,727

51,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

76,369

81,135

Tax

8,193

6,625

Social security and other taxes

1,529

1,795

Other creditors

2,793

4,203

Accrued expenses

6,563

3,399

95,447

97,157

7.	ULTIMATE CONTROLLING PARTY

The controlling party is T D Larden.