Mission Graphics Limited - Accounts to registrar (filleted) - small 18.2

Mission Graphics Limited - Accounts to registrar (filleted) - small 18.2

MISSION GRAPHICS LIMITED - Company Information

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REGISTERED NUMBER: 07134037 (England and Wales)















MISSION GRAPHICS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018





Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU








MISSION GRAPHICS LIMITED (REGISTERED NUMBER: 07134037)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


MISSION GRAPHICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTORS: Mr G.B. Havill
Mr R.J. Cooper





REGISTERED OFFICE: 82 Fazeley Street
Digbeth
Birmingham
West Midlands
B5 5RD





REGISTERED NUMBER: 07134037 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MISSION GRAPHICS LIMITED


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 Statement of Comprehensive Income 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 Mission Graphics Limited for the year ended 31 January 2018 which comprise the Income
Statement, Statement of Financial Position, Statement of Changes in Equity 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 Mission Graphics Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mission Graphics Limited and state those matters that we have agreed to state to the Board of Directors of Mission Graphics 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 Mission Graphics Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mission Graphics 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 Mission Graphics Limited. You consider that Mission Graphics 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 Mission Graphics 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.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


1 October 2018

This page does not form part of the statutory financial statements

Page 2
MISSION GRAPHICS LIMITED (REGISTERED NUMBER: 07134037)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 4 4,724 4,648
Cash at bank 8 1,976
4,732 6,624
CREDITORS
Amounts falling due within one year 5 3,132 5,108
NET CURRENT ASSETS 1,600 1,516
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,600
1,516

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,598 1,514
SHAREHOLDERS' FUNDS 1,600 1,516

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 1 October 2018 and were signed on its behalf by:




Mr R.J. Cooper - Director



Mr G.B. Havill - Director


The notes form part of these financial statements

Page 3
MISSION GRAPHICS LIMITED (REGISTERED NUMBER: 07134037)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018


1. STATUTORY INFORMATION

Mission Graphics 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 represents net sales of goods/services, excluding value added tax

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 2,045 1,611
Other debtors 2,679 3,037
4,724 4,648

Page 4 continued...
MISSION GRAPHICS LIMITED (REGISTERED NUMBER: 07134037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 883 880
Taxation and social security 1,535 3,638
Other creditors 714 590
3,132 5,108

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2018 and
31 January 2017:

2018 2017
£    £   
Mr R.J. Cooper
Balance outstanding at start of year 3,037 5,530
Amounts advanced - 14,767
Amounts repaid (359 ) (17,260 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,678 3,037

7. ULTIMATE CONTROLLING PARTY

No one individual is able to exercise their control over the company.

8. COMPANY INFORMATION

The company is a private limited company incorporated in England and Wales.

Page 5