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MISTER GEES (PROPERTY SERVICES) LIMITED - Company Information

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Mister Gees (Property Services) Limited

Registered Number:09050270

For the year ended 31 March 2018

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2018

Mister Gees (Property Services) Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2018

Mister Gees (Property Services) Limited

Statement of Financial Position

Registered Number :

09050270

2017

2018

Notes

Fixed assets

Intangible assets

49,400

72,200

Property, plant and equipment

2,225

2,871

51,625

75,071

Current assets

Inventories

6,706

2,710

Trade and other receivables

43,212

8,615

10,041

Cash and cash equivalents

2,957

14,282

59,959

Trade and other payables: amounts falling due within one

year

(99,843)

(59,458)

(39,884)

(45,176)

Net current liabilities

Total assets less current liabilities

6,449

35,187

Trade and other payables: amounts falling due after more

than one year

(48,286)

(38,522)

(32,073)

Net liabilities

(13,099)

Capital and reserves

Called up share capital

104

Retained earnings

(32,177)

(13,203)

(32,073)

(13,099)

Shareholders' funds

For the year ended 31 March 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

R J Green Director

These financial statements were approved and authorised for issue by the Board on 31 July 2018 and were signed by:

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For the year ended 31 March 2018

Mister Gees (Property Services) Limited

Statement of Financial Position Continued

The notes form part of these financial statements

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For the year ended 31 March 2018

Mister Gees (Property Services) Limited

Notes to the Financial Statements

Statutory Information

Mister Gees (Property Services) Limited is a private limited company, limited by shares, domiciled in England and

Wales, registration number 09050270.

Registered address:

Damer House

Meadow Way

Wickford

Essex

SS12 9HA

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 5 years.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25% Reducing balance

Computer equipment

25% Reducing balance

Motor vehicles

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.

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For the year ended 31 March 2018

Mister Gees (Property Services) Limited

Notes to the Financial Statements Continued

2. Intangible fixed assets

Goodwill

Cost or valuation

At 01 April 2017

114,000

At 31 March 2018

114,000

Amortisation

At 01 April 2017

41,800

22,800

Charge for year

At 31 March 2018

64,600

Net book value

At 31 March 2018

49,400

At 31 March 2017

72,200

3. Property, plant and equipment

Total

Computer

equipment

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 April 2017

5,100

850

3,250

1,000

193

Additions

At 31 March 2018

1,193

3,250

850

5,293

Provision for depreciation and impairment

At 01 April 2017

2,229

371

1,421

437

Charge for year

839

120

530

189

At 31 March 2018

3,068

491

1,951

626

At 31 March 2018

Net book value

567

1,299

359

2,225

At 31 March 2017

563

1,829

479

2,871

4. Inventories

2017

2018

Stocks

2,710

6,706

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For the year ended 31 March 2018

Mister Gees (Property Services) Limited

Notes to the Financial Statements Continued

5. Trade and other receivables

2017

2018

Trade debtors

6,607

41,430

Other debtors

2,008

1,782

43,212

8,615

6. Trade and other payables: amounts falling due within one year

2017

2018

Bank loans and overdraft

10,647

10,158

Trade creditors

10,319

Taxation and social security

4,819

5,535

Other creditors

43,992

73,831

59,458

99,843

7. Trade and other payables: amounts falling due after more than one year

2017

2018

Bank loans and overdraft

38,522

48,286

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