Michael Earle Associates Ltd
|
Registered Number
:
08868903
|
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2018
Michael Earle Associates Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Michael Earle Associates Ltd
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
7,466
7,706
2
7,466
7,706
Trade and other receivables
|
22,132
20,782
3
24,544
Cash and cash equivalents
|
12,594
33,376
46,676
Trade and other payables
:
amounts falling due within one year
|
(20,927)
(23,901)
4
25,749
9,475
Net current assets
Total assets less current liabilities
|
16,941
33,455
16,941
Net assets
33,455
1
1
16,940
33,454
16,941
33,455
Shareholders' funds
For the year ended 31 January 2018 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 of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
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.
|
Mr Michael Earle Director
|
These financial statements were approved and authorised for issue by the Board on 30 July 2018 and were signed by:
|
The notes form part of these financial statements
|
1 of 3
For the year ended 31 January 2018
Michael Earle Associates Ltd
Notes to the Financial Statements
Statutory Information
Michael Earle Associates Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
08868903
.
|
1 Laburnham Cottages
Brighton Road
Handcross
West Sussex
RH17 6BU
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer equipment
Motor vehicles
Fixtures and fittings
2
.
Property
,
plant and equipment
|
Motor vehicles
11,267
-
2,267
9,000
2,248
2,248
-
-
9,000
2,267
2,248
13,515
Provision for depreciation and impairment
|
3,561
-
1,311
2,250
Charge for year
2,488
562
239
1,687
6,049
562
1,550
3,937
5,063
717
1,686
7,466
6,750
956
-
7,706
2 of 3
For the year ended 31 January 2018
Michael Earle Associates Ltd
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2017
2018
20,782
22,132
4
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
Taxation and social security
|
20,628
16,416
3,273
4,511
23,901
20,927
3 of 3