Morojo Properties Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05437315 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2018

FOR

MOROJO PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A. Morris

M. H. Jones

L Roberts

Hywyn Roberts

SECRETARY:

A. Morris

REGISTERED OFFICE:

17 Tan y Buarth Estate

Bethel

Caernarfon

Gwynedd

LL55 1UP

REGISTERED NUMBER:

05437315 (England and Wales)

ACCOUNTANTS:

Richard Williams & Co

The Old Police Station

Gaerwen

Anglesey

LL60 6BL

FIXED ASSETS

Tangible assets

3

112,782

112,782

CURRENT ASSETS

Cash at bank

10

15

CREDITORS

Amounts falling due within one year

4

112,755

112,529

NET CURRENT LIABILITIES

(112,745

)

(112,514

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37

268

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

33

264

SHAREHOLDERS' FUNDS

37

268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 25th January 2019 and were signed on its behalf by:

Hywyn Roberts - Director

1.	STATUTORY INFORMATION

Morojo Properties 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

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.

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st May 2017

and 30th April 2018

107,812

9,669

117,481

DEPRECIATION

At 1st May 2017

and 30th April 2018

-

4,699

4,699

NET BOOK VALUE

At 30th April 2018

107,812

4,970

112,782

At 30th April 2017

107,812

4,970

112,782

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

562

557

Other creditors

112,193

111,972

112,755

112,529