Merlane Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06398078 (England and Wales)

MERLANE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R P Morgan

Mr P O Williams

SECRETARY:

Mr P O Williams

REGISTERED OFFICE:

Yelverton House

St John Street

Whitland

Carmarthenshire

SA34 0AW

REGISTERED NUMBER:

06398078 (England and Wales)

ACCOUNTANTS:

Llewelyn Davies

Chartered Accountants

Yelverton House

St John Street

Whitland

Carmarthenshire

SA34 0AW

CURRENT ASSETS

Debtors

3

494

448

Cash at bank

5,416

8,352

5,910

8,800

CREDITORS

Amounts falling due within one year

4

204,837

191,107

NET CURRENT LIABILITIES

(198,927

)

(182,307

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(198,927

)

(182,307

)

CREDITORS

Amounts falling due after more than one
year

5

-

12,080

NET LIABILITIES

(198,927

)

(194,387

)

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

(198,930

)

(194,390

)

SHAREHOLDERS' FUNDS

(198,927

)

(194,387

)

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 21 December 2018 and were signed on its
behalf by:

Mr R P Morgan - Director

1.	STATUTORY INFORMATION

Merlane 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.

The directors have a reasonable expectation that the company has access to adequate bank facilities, as

well as the ongoing support of its directors for it to continue trading for the foreseeable future and as a

result of this, the directors continue to adopt the going concern basis of accounting.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

VAT

494

448

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Other loans

72,080

60,000

Directors' current accounts

128,665

127,215

Accruals and deferred income

4,092

3,892

204,837

191,107

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

Other loans - 1-2 years

-

12,080

6.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.

Merlane Limited - Accounts to registrar (filleted) - small 18.2

Merlane Limited - Accounts to registrar (filleted) - small 18.2