Middleton Market Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07303083 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2019

for

Middleton Market Company Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

Cllr K C Nolan

Cllr D Williams

D P Coyne

C A Roach

REGISTERED OFFICE:

1st Floor Colmar House

Manchester New Road Middl

Manchester

M24 4DB

REGISTERED NUMBER:

07303083 (England and Wales)

ACCOUNTANTS:

James Scott

Chartered Certified Accountant

Balmoral House

Warwick Court

Park Road

Middleton

Manchester

M24 1AE

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 Abridged 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 these

accounts from the company's accounting records and from information and explanations you have given us.

As a member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at:

http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html

This report is made solely to the Board of Directors, as a body, in accordance with the terms of our engagement

letter. Our work has been undertaken solely to prepare for your approval these accounts and state those matters that

we have agreed to state to them/the Board of Directors, as a body, in accordance with the requirements of the

Association of Chartered Certified Accountants as detailed at:

http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company

and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory accounts

that give a true and fair view of the assets, liabilities, financial position and profit[/loss of the company. You consider

that the company is exempt from the statutory audit requirement for the accounting period. We have not been

instructed to carry out an audit or a review of the accounts of the company. 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 accounts.

James Scott

Chartered Certified Accountant

Balmoral House

Warwick Court

Park Road

Middleton

Manchester

M24 1AE

29 October 2019

FIXED ASSETS

Tangible assets

4

4,049

6,741

CURRENT ASSETS

Debtors

3,970

2,719

Cash at bank and in hand

20,127

37,878

24,097

40,597

CREDITORS

Amounts falling due within one year

19,871

36,172

NET CURRENT ASSETS

4,226

4,425

TOTAL ASSETS LESS CURRENT LIABILITIES

8,275

11,166

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

6

8,175

11,066

SHAREHOLDERS' FUNDS

8,275

11,166

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 January 2019 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 October 2019 and were signed on its behalf by:

C A Roach - Director

1.	STATUTORY INFORMATION

Middleton Market Company Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2018

and 31 January 2019

45,458

DEPRECIATION

At 1 February 2018

38,717

Charge for year

2,692

At 31 January 2019

41,409

NET BOOK VALUE

At 31 January 2019

4,049

At 31 January 2018

6,741

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.19

31.1.18

value:

£

£

100

Ordinary

£1

100

100

6.

RESERVES

Retained

earnings

£

At 1 February 2018

11,066

Deficit for the year

(2,891

)

At 31 January 2019

8,175