Mariva Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09700052 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

MARIVA CONSULTING LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Ms Patricia Ann Petrou AICB CB.Cert PM

REGISTERED OFFICE:

c/o Michael Filiou Plc

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

09700052 (England and Wales)

ACCOUNTANTS:

Michael Filiou Plc

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Tangible assets

4

2,982

3,046

CURRENT ASSETS

Debtors

14,273

13,240

Cash at bank and in hand

3,496

4,809

17,769

18,049

CREDITORS

Amounts falling due within one year

19,680

19,726

NET CURRENT LIABILITIES

(1,911

)

(1,677

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,071

1,369

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Retained earnings

71

369

SHAREHOLDERS' FUNDS

1,071

1,369

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

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

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 September 2018 and were signed by:

Ms Patricia Ann Petrou AICB CB.Cert PM - Director

1.	STATUTORY INFORMATION

Mariva Consulting Ltd 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.

The financial statements are presented in Euro (€) which is the functional currency of the company.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company

has adequate resources to continue in operational existence for the foreseeable future. The company therefore

continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover represents total receivable fees for professional and consultancy services were provided during the

year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value

each asset over its estimated useful life:

Office Furniture - 25% on reducing balance

Office Equipment and Computers - Straight Line over 3 years

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 statement of financial position date.

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.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the statement

of financial position date. Transactions in foreign currencies are translated into Euro at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

€

COST

At 1 January 2017

4,993

Additions

723

At 31 December 2017

5,716

DEPRECIATION

At 1 January 2017

1,947

Charge for year

787

At 31 December 2017

2,734

NET BOOK VALUE

At 31 December 2017

2,982

At 31 December 2016

3,046

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

€

€

1,000

Ordinary Shares

€1

1,000

1,000

6.	RELATED PARTY DISCLOSURES

Loan from shareholder

The amount due to the shareholder at the reporting date was €1,410 (2016 - €449). The loan is interest-free,

unsecured and it is repayable on demand.