Company Registration Number 02128711 (England and Wales)
MIDLAND CHEMICALS WASTE MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
PAGES FOR FILING WITH REGISTRAR
MIDLAND CHEMICALS WASTE MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2020
31 March 2020
- 1 -
2020
2019
£
£
£
£
Fixed assets
401,107
403,455
Current assets
158,438
158,673
Creditors: amounts falling due within one year
(555,930)
(561,392)
Net current liabilities
(397,492)
(402,719)
Total assets less current liabilities
3,615
736
Net assets
3,615
736
Capital and reserves
3,615
736
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At 1 April 2019 the amount owed to M R Vann was £123,767. During the year the amount of £65,047 was repaid to the director and a further £7,274 was introduced. Therefore the amount owed to M R Vann at 31 March 2020 was £65,994.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
3
3
Midland Chemicals Waste Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bridgeman Street, Walsall, West Midlands, WS2 9NW.
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime
.
MIDLAND CHEMICALS WASTE MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2020
31 March 2020
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 8 October 2020 and are signed on its behalf by:
M R Vann
Director
Company Registration Number 02128711