MVL Enterprises Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09349307 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2017

for

MVL Enterprises Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

MV Law

Mrs P Law

REGISTERED OFFICE:

72a High Street

Battle

East Sussex

TN33 0AG

REGISTERED NUMBER:

09349307 (England and Wales)

ACCOUNTANTS:

MVL Business Services

72a High Street

Battle

East Sussex

TN33 0AG

FIXED ASSETS

Tangible assets

4

917

-

Investments

5

30,504

31,421

30,504

CURRENT ASSETS

Debtors

6

46,258

33,458

Cash at bank

6,935

306

53,193

33,764

CREDITORS

Amounts falling due within one year

7

18,789

8,528

NET CURRENT ASSETS

34,404

25,236

TOTAL ASSETS LESS CURRENT
LIABILITIES

65,825

55,740

CAPITAL AND RESERVES

Called up share capital

100

Share premium

30,100

Retained earnings

35,625

25,540

SHAREHOLDERS' FUNDS

65,825

55,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 16 August 2018 and were signed on its behalf by:

MV Law - Director

1.	STATUTORY INFORMATION

MVL Enterprises 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,369

At 30 November 2017

1,369

DEPRECIATION

Charge for year

452

At 30 November 2017

452

NET BOOK VALUE

At 30 November 2017

917

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 December 2016

and 30 November 2017

30,504

NET BOOK VALUE

At 30 November 2017

30,504

At 30 November 2016

30,504

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

Trade debtors

39,600

26,800

Other debtors

6,658

46,258

33,458

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

Trade creditors

36

Taxation and social security

10,571

6,217

Other creditors

8,182

2,275

18,789

8,528

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs MV Law.

MVL Enterprises Limited - Accounts to registrar (filleted) - small 18.1

MVL Enterprises Limited - Accounts to registrar (filleted) - small 18.1