Multi-Let Head Office Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09857407 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Multi-Let Head Office Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T Hill

D Hill

REGISTERED OFFICE:

Foxhall Lodge

Foxhall Road

Nottingham

Nottinghamshire

NG7 6LH

REGISTERED NUMBER:

09857407 (England and Wales)

ACCOUNTANTS:

Bridgepoint Accountants Limited

16 New Street

Stourport on Severn

Worcestershire

DY13 8UW

FIXED ASSETS

Tangible assets

4

2,263

1,586

CURRENT ASSETS

Debtors

5

22,971

21,909

Cash at bank

10,066

5,698

33,037

27,607

CREDITORS

Amounts falling due within one year

6

128,136

86,775

NET CURRENT LIABILITIES

(95,099

)

(59,168

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(92,836

)

(57,582

)

CAPITAL AND RESERVES

Called up share capital

100

-

Retained earnings

(92,936

)

(57,582

)

(92,836

)

(57,582

)

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 10 December 2018 and were signed on its behalf by:

T Hill - Director

1.	STATUTORY INFORMATION

Multi-Let Head Office 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.

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.

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 15 (2017 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

2,032

Additions

1,383

At 31 March 2018

3,415

DEPRECIATION

At 1 April 2017

446

Charge for year

706

At 31 March 2018

1,152

NET BOOK VALUE

At 31 March 2018

2,263

At 31 March 2017

1,586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

-

3,636

Other debtors

22,971

18,273

22,971

21,909

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

2,958

3,688

Taxation and social security

7,722

5,799

Other creditors

117,456

77,288

128,136

86,775