Company Registration No. 08866500 (England and Wales)
MH RENOVATION LTD
Unaudited accounts
for the year ended 31 January 2017
MH RENOVATION LTD
Unaudited accounts
Contents
MH RENOVATION LTD
Company Information
for the year ended 31 January 2017
Company Number
08866500 (England and Wales)
Accountants
Major's Accounts & Co Ltd
118 Sydenham Road
Sydenham
London
SE26 5JX
MH RENOVATION LTD
Statement of financial position
as at
31 January 2017
Tangible assets
7,582
9,246
Cash at bank and in hand
840
6,368
Creditors: amounts falling due within one year
(36,608)
(17,152)
Net current liabilities
(5,768)
(8,984)
Called up share capital
1
1
Profit and loss account
1,813
261
Shareholders' funds
1,814
262
For the year ending 31 January 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 October 2017.
Mirjan Hasa
Director
Company Registration No. 08866500
MH RENOVATION LTD
Notes to the Accounts
for the year ended 31 January 2017
MH RENOVATION LTD is a private company, limited by shares, registered in England and Wales, registration number 08866500.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 February 2016
13,437
At 31 January 2017
13,437
Charge for the year
1,664
Work in progress
30,000
1,800
MH RENOVATION LTD
Notes to the Accounts
for the year ended 31 January 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
13,334
13,269
Other creditors
547
2,058
Loans from directors
22,727
450
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).