Martin Lewis Limited 31/03/2018 iXBRL
Martin Lewis Limited 31/03/2018 iXBRL
Statement of consent to prepare abridged financial statements
Company registration number:
03343560
Information for filing with the registrar
Contents
Abridged statement of financial position
Notes to the financial statements
Abridged statement of financial position
31 March 2018
2018 | 2017 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 4 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year |
(
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(
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Provisions for liabilities |
(
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(
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Accruals and deferred income |
(
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(
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital | 5 |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
23 November 2018
, and are signed on behalf of the board by:
Director
Company registration number:
03343560
Notes to the financial statements
Year ended 31 March 2018
1.
General information
The company is a private company limited by shares, registered in the UK. The address of the registered office is 85 Mount Drive, Harrow, Middlesex, HA2 7RW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Short leasehold property | - |
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Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Provisions
4.
Tangible assets
£ | ||
Cost | ||
At 1 April 2017 and 31 March 2018 |
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_______ | ||
Depreciation | ||
At 1 April 2017 |
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Charge for the year |
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_______ | ||
At 31 March 2018 |
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_______ | ||
Carrying amount | ||
At 31 March 2018 |
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_______ | ||
At 31 March 2017 |
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_______ | ||
5.
Called up share capital
Issued, called up and fully paid
2018 | 2017 | ||||||||
No | £ | No | £ | ||||||
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100 | 100 | 100 | 100 | |||||
_______ | _______ | _______ | _______ | ||||||
6.
Controlling party
The ultimate controlling party is
M H Lewis
.