Malras London Ltd - Accounts to registrar (filleted) - small 18.2

MALRAS LONDON LTD

Unaudited Financial Statements

for the Year Ended 31 March 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

J R Greenway

J L Tenkate

Registered office:

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Registered number:

09439665 (England and Wales)

Accountants:

Haines Watts

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

3

326,026

320,077

Current assets

Cash at bank

4,690

8,621

Creditors

Amounts falling due within one year

4

344,378

337,812

Net current liabilities

(339,688

)

(329,191

)

Total assets less current liabilities

(13,662

)

(9,114

)

Capital and reserves

Called up share capital

5

2

2

Retained earnings

6

(13,664

)

(9,116

)

Shareholders' funds

(13,662

)

(9,114

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 December 2018 and were signed on its behalf by:

J L Tenkate - Director

1.	Statutory information

Malras London 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.

Tangible fixed assets

Freehold properties are included in the Balance Sheet at their cost and are not being depreciated. This

treatment, is contrary to the Companies' Act 2006 which states that fixed assets should be depreciated but is, in

the opinion of the directors, necessary in order to give a true and fair view of the financial position of the

company.

Deferred tax

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

balance sheet date.

Foreign currencies

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

balance sheet 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.

3.	Tangible fixed assets

Freehold

property

£

Cost

At 1 April 2017

320,077

Additions

5,949

At 31 March 2018

326,026

Net book value

At 31 March 2018

326,026

At 31 March 2017

320,077

4.

Creditors: amounts falling due within one year

2018

2017

£

£

Directors' current accounts

344,378

337,812

5.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

£1

2

2

6.

Reserves

Retained

earnings

£

At 1 April 2017

(9,116

)

Deficit for the year

(4,548

)

At 31 March 2018

(13,664

)

7.	Related party disclosures

Included in other creditors is £344,378 (2017: £337,812) owed to the directors.