Moisture Control & Measurement Limited - Period Ending 2018-04-30

Registration number: 00939792

Moisture Control & Measurement Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2018

Moisture Control & Measurement Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 5

Moisture Control & Measurement Limited

(Registration number: 00939792)
Balance Sheet as at 30 April 2018

	Note	2018 £	2017 £
Fixed assets
Tangible assets	4	126,615	135,127
Current assets
Stocks	5	35,065	33,292
Debtors	6	394,018	128,202
Cash at bank and in hand		1,502,005	1,498,280
		1,931,088	1,659,774
Creditors: Amounts falling due within one year	7	(674,090)	(639,873)
Net current assets		1,256,998	1,019,901
Total assets less current liabilities		1,383,613	1,155,028
Provisions for liabilities		(2,369)	(3,072)
Net assets		1,381,244	1,151,956
Capital and reserves
Called up share capital		201	201
Share premium reserve		199	199
Profit and loss account		1,380,844	1,151,556
Total equity		1,381,244	1,151,956

For the financial year ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

The notes on pages 3 to 5 form an integral part of these financial statements.

Page 1

Moisture Control & Measurement Limited

(Registration number: 00939792)
Balance Sheet as at 30 April 2018

Approved and authorised by the Board on 25 January 2019 and signed on its behalf by:
 

.........................................

Betty Wallis

Director

The notes on pages 3 to 5 form an integral part of these financial statements.

Page 2

Moisture Control & Measurement Limited

Notes to the Financial Statements for the Year Ended 30 April 2018

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rudgate
Thorp Arch Trading Estate
Wetherby
West Yorkshire
LS23 7BJ

These financial statements were authorised for issue by the Board on 25 January 2019.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold land and buildings	2% per annum, straight line
Plant and machinery	10% per annum, reducing balance
Fixtures and fittings	10% per annum, reducing balance
Motor vehicles	20% per annum, reducing balance

3	Staff numbers

The average number of persons employed by the company during the year, was 8 (2017 - 6).

Page 3

Moisture Control & Measurement Limited

Notes to the Financial Statements for the Year Ended 30 April 2018

4	Tangible assets

	Freehold Land and buildings £	Furniture, fittings and equipment  £	Other property, plant and equipment  £	Total £
Cost or valuation
At 1 May 2017	140,455	239,277	77,499	457,231
At 30 April 2018	140,455	239,277	77,499	457,231
Depreciation
At 1 May 2017	44,944	217,081	60,079	322,104
Charge for the year	2,809	2,219	3,484	8,512
At 30 April 2018	47,753	219,300	63,563	330,616
Carrying amount
At 30 April 2018	92,702	19,977	13,936	126,615
At 30 April 2017	95,511	22,196	17,420	135,127

5

Stocks

	2018 £	2017 £
Raw materials and consumables	32,065	31,292
Work in progress	3,000	2,000
	35,065	33,292

6

Debtors

	2018 £	2017 £
Trade debtors	323,689	94,726
Other debtors	70,329	33,476
Total current trade and other debtors	394,018	128,202

Page 4

Moisture Control & Measurement Limited

Notes to the Financial Statements for the Year Ended 30 April 2018

7

Creditors

Creditors: amounts falling due within one year

	2018 £	2017 £
Due within one year
Trade creditors	575,014	516,112
Taxation and social security	7,615	32,075
Other creditors	91,461	91,686
	674,090	639,873

Page 5