M.B.H.Analytical Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01875653 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

M.B.H.Analytical Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

D Wood

C Eveleigh

SECRETARIES:

A Wood

J Eveleigh

REGISTERED OFFICE:

Holland House

Queens Road

Barnet

Hertfordshire

EN5 4DJ

REGISTERED NUMBER:

01875653 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

4

987,148

983,133

CURRENT ASSETS

Stocks

199,083

154,875

Debtors

5

194,857

149,164

Cash at bank and in hand

338,284

71,725

732,224

375,764

CREDITORS

Amounts falling due within one year

6

258,744

181,072

NET CURRENT ASSETS

473,480

194,692

TOTAL ASSETS LESS CURRENT LIABILITIES

1,460,628

1,177,825

PROVISIONS FOR LIABILITIES

29,921

29,921

NET ASSETS

1,430,707

1,147,904

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

437,531

-

Retained earnings

993,076

1,147,804

SHAREHOLDERS' FUNDS

1,430,707

1,147,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 15 October 2018 and were signed on its behalf by:

D Wood - Director

C Eveleigh - Director

1.	STATUTORY INFORMATION

M.B.H.Analytical 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

Compliance with accounting standards

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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 sterling at the rates of exchange ruling at the

statement of financial position date. Transactions in foreign currencies are translated into sterling 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.

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 12 (2017 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST OR VALUATION

At 1 July 2017

970,000

36,156

59,926

1,066,082

Additions

-

7,759

5,397

13,156

At 30 June 2018

970,000

43,915

65,323

1,079,238

DEPRECIATION

At 1 July 2017

-

36,156

46,793

82,949

Charge for year

-

794

8,347

9,141

At 30 June 2018

-

36,950

55,140

92,090

NET BOOK VALUE

At 30 June 2018

970,000

6,965

10,183

987,148

At 30 June 2017

970,000

-

13,133

983,133

Cost or valuation at 30 June 2018 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

Valuation in 2017

970,000

36,156

59,926

1,066,082

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

970,000

970,000

CLIENT SCREEN TOTAL

=

-

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

PLANT AND MACHINERY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

36,156

Additions

7,759

43,915

CLIENT SCREEN TOTAL

=

36,156

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL

Cost/valuation b/f

59,926

Additions

5,397

65,323

CLIENT SCREEN TOTAL

=

59,926

If had not been revalued would have been included at the following historical cost:

2018

2017

£

£

Cost

628,185

628,185

Aggregate depreciation

125,640

125,640

Value of land in freehold land and buildings

970,000

970,000

Freehold land and buildings were valued on the market basis on 5 July 2017 by Glenny LLP .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

189,597

145,510

Other debtors

5,260

3,654

194,857

149,164

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Payments on account

12,631

24,262

Trade creditors

41,379

38,460

Taxation and social security

191,287

108,038

Other creditors

13,447

10,312

258,744

181,072

7.

RESERVES

Revaluation

reserve

£

Transfer from P&L reserves

437,531

At 30 June 2018

437,531

8.

CONTROL

At the balance sheet date the company was not controlled by any one single party.

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 Statement of Financial Position. 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 M.B.H.Analytical Limited for the year ended 30 June 2018 which comprise the Income

Statement, Statement of Financial Position 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 M.B.H.Analytical Limited, as a body, in accordance with the terms of our engagement letter dated 13 January 2014. Our work has been undertaken solely to prepare for your approval the financial statements of M.B.H.Analytical Limited and state those matters that we have agreed to state to the Board of Directors of M.B.H.Analytical 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 M.B.H.Analytical Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M.B.H.Analytical 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 M.B.H.Analytical Limited. You consider that M.B.H.Analytical 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 M.B.H.Analytical 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.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

18 October 2018