M N A Consulting (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06974437 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2018

FOR

M N A GROUP (EAST YORKSHIRE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Newman

D Rose

SECRETARY:

D Rose

REGISTERED OFFICE:

White Rose Park

Larsen Road

Goole

East Yorkshire

DN14 6XF

REGISTERED NUMBER:

06974437 (England and Wales)

ACCOUNTANTS:

Flemingate - Accountancy and Taxation

1 Village Courtyard

High Street

Holme on Spalding Moor

York

North Yorkshire

YO43 4AA

FIXED ASSETS

Tangible assets

4

12,468

13,839

CURRENT ASSETS

Stocks

-

10,000

Debtors

5

188,692

251,201

Cash at bank and in hand

53,230

88,809

241,922

350,010

CREDITORS

Amounts falling due within one year

6

113,883

136,427

NET CURRENT ASSETS

128,039

213,583

TOTAL ASSETS LESS CURRENT LIABILITIES

140,507

227,422

PROVISIONS FOR LIABILITIES

2,369

2,768

NET ASSETS

138,138

224,654

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

138,038

224,554

SHAREHOLDERS' FUNDS

138,138

224,654

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 30th November 2018 and were signed on its behalf by:

M Newman - Director

D Rose - Director

1.	STATUTORY INFORMATION

M N A Group (East Yorkshire) 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 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.

Fixtures and fittings

-

15% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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.

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 5 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st August 2017

9,325

15,197

24,522

Additions

-

829

829

At 31st July 2018

9,325

16,026

25,351

DEPRECIATION

At 1st August 2017

4,310

6,373

10,683

Charge for year

752

1,448

2,200

At 31st July 2018

5,062

7,821

12,883

NET BOOK VALUE

At 31st July 2018

4,263

8,205

12,468

At 31st July 2017

5,015

8,824

13,839

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade debtors

186,637

198,389

Directors' current accounts

-

10,592

Prepayments

2,055

2,220

Other debtors

-

40,000

188,692

251,201

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade creditors

68,761

53,250

Tax

3,391

32,505

Social security and other taxes

1,085

1,079

VAT

25,683

34,229

Directors' current accounts

13,730

14,064

Accrued expenses

1,233

1,300

113,883

136,427

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Throughout the course of the period the company transacted with the director's by way of an interest free loan

account. The transactions can be summarised as follows:-

Mr M Newman.

The balance owing to the director at the start of the year was £ 10,591. The director introduced amounts of

£ 45,0000 and withdrew amounts of £ 34,077. The balance owing to the director at the balance sheet date was

£ 332.

Mr D Rose.

The balance owing to the director at the start of the year was £ 14,064. The director introduced amounts of

£ 40,000 and withdrew amounts of £ 40,666. The balance owing to the director the balance sheet date was

£ 13,398.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director's who own 100% of the issued share capital.