Moxley Architects Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02247305 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Moxley Architects Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

M J Moxley

P M Straupmanis

SECRETARY:

M J Moxley

REGISTERED OFFICE:

47 Clapham High Street

Clapham

London

SW4 7TL

REGISTERED NUMBER:

02247305 (England and Wales)

ACCOUNTANTS:

Deeks Evans

Chartered Accountants

3 Boyne Park

Tunbridge Wells

Kent

TN4 8EN

FIXED ASSETS

Tangible assets

4

34,653

39,316

CURRENT ASSETS

Stocks

503,682

498,790

Debtors

5

318,741

410,783

Cash at bank and in hand

518,510

584,817

1,340,933

1,494,390

CREDITORS

Amounts falling due within one year

6

342,376

350,669

NET CURRENT ASSETS

998,557

1,143,721

TOTAL ASSETS LESS CURRENT LIABILITIES

1,033,210

1,183,037

CAPITAL & RESERVES

Called up share capital

7

200

200

Retained earnings

1,033,010

1,182,837

SHAREHOLDERS' FUNDS

1,033,210

1,183,037

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 28 January 2019 and were signed on its behalf by:

M J Moxley - Director

1.	STATUTORY INFORMATION

Moxley Architects 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.

Turnover

Turnover comprises the invoiced amounts of services excluding VAT, adjusted for amounts invoiced in advance at

both the beginning and end of the year, such that revenue is recognised in line with performance under the

contract. Profit on long term contracts is taken over the life of the contract when the outcome of the contract, or

a separately identifiable portion of it, can be assessed with reasonable certainty. Turnover derived from the sale

of developments is recognised on completion.

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

-

33% on cost, 25% on cost and 10% on cost

Work in progress

Work in progress on property developments is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 14 (2017 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Fixtures

Office

improvements

& fittings

equipment

£

£

£

COST

At 1 May 2017

17,779

19,218

71,235

Additions

5,277

-

333

At 30 April 2018

23,056

19,218

71,568

DEPRECIATION

At 1 May 2017

3,003

7,891

69,454

Charge for year

2,306

1,921

1,668

Eliminated on disposal

-

-

-

At 30 April 2018

5,309

9,812

71,122

NET BOOK VALUE

At 30 April 2018

17,747

9,406

446

At 30 April 2017

14,776

11,327

1,781

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2017

36,308

129,807

274,347

Additions

-

3,774

9,384

Disposals

-

(33,156

)

(33,156

)

At 30 April 2018

36,308

100,425

250,575

DEPRECIATION

At 1 May 2017

34,307

120,376

235,031

Charge for year

-

8,152

14,047

Eliminated on disposal

-

(33,156

)

(33,156

)

At 30 April 2018

34,307

95,372

215,922

NET BOOK VALUE

At 30 April 2018

2,001

5,053

34,653

At 30 April 2017

2,001

9,431

39,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

164,192

217,446

Other debtors

34,583

97,312

Tax

-

933

Deferred taxation

41,025

18,057

Prepayments & accrued income

78,941

77,035

318,741

410,783

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

108,109

85,344

Social security & other taxes

99,057

127,607

Other creditors

416

2,964

Accruals & deferred income

134,794

134,754

342,376

350,669

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

200

Ordinary

£1

200

200

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M J Moxley.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Moxley Architects Ltd for the year ended 30 April 2018 which comprise the Profit and Loss

Account, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Moxley Architects Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Moxley Architects Ltd and state those matters that we have agreed to state to the Board of Directors of Moxley Architects Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moxley Architects Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Moxley Architects Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Moxley Architects Ltd. You consider that Moxley Architects Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Moxley Architects Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Deeks Evans

Chartered Accountants

3 Boyne Park

Tunbridge Wells

Kent

TN4 8EN

28 January 2019