M.e.r.g Limited - Accounts to registrar (filleted) - small 18.2
M.e.r.g Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
| FOR |
| M.E.R.G LIMITED |
| M.E.R.G LIMITED (REGISTERED NUMBER: 02843603) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 SEPTEMBER 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| M.E.R.G LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 SEPTEMBER 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| 155 Wellingborough Road |
| Rushden |
| Northamptonshire |
| NN10 9TB |
| M.E.R.G LIMITED (REGISTERED NUMBER: 02843603) |
| BALANCE SHEET |
| 30 SEPTEMBER 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Fair value reserve | 10 |
| Retained earnings | 10 | 516,058 | 493,813 |
| SHAREHOLDERS' FUNDS |
| 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. |
| M.E.R.G LIMITED (REGISTERED NUMBER: 02843603) |
| BALANCE SHEET - continued |
| 30 SEPTEMBER 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| M.E.R.G LIMITED (REGISTERED NUMBER: 02843603) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 SEPTEMBER 2018 |
| 1. | STATUTORY INFORMATION |
| M.e.r.g Limited is a |
| number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| The company`s turnover represents the value of rental income received during the year. |
| Investment property |
| Investment properties are revalued annually at fair value and any surplus or deficit is recognised through the profit and |
| loss account. No depreciation is provided in respect of investment properties. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 October 2017 |
| and 30 September 2018 |
| NET BOOK VALUE |
| At 30 September 2018 |
| At 30 September 2017 |
| Fair value at 30 September 2018 is represented by: |
| £ |
| Valuation in 2017 | (15,000 | ) |
| Valuation in 2016 | 662,026 |
| Cost | 764,974 |
| 1,412,000 |
| M.E.R.G LIMITED (REGISTERED NUMBER: 02843603) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 SEPTEMBER 2018 |
| 4. | INVESTMENT PROPERTY - continued |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2018 | 2017 |
| £ | £ |
| Cost | 764,974 | 764,974 |
| Investment property was valued on a fair value basis on 30 September 2017 by the directors . |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| The bank loans are secured on the properties to which they relate. |
| M.E.R.G LIMITED (REGISTERED NUMBER: 02843603) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 SEPTEMBER 2018 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| "A" | £1 | 450 | 450 |
| "B" | £1 | 50 | 50 |
| 500 | 500 |
| . |
| 10. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 October 2017 | 493,813 | 1,030,845 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 30 September 2018 | 1,053,090 |