Mortgages Made Easy (Scotland) Limited - Accounts to registrar (filleted) - small 18.2
Mortgages Made Easy (Scotland) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28 February 2019 |
for |
Mortgages Made Easy (Scotland) Limited |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Contents of the Financial Statements |
for the Year Ended 28 February 2019 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Accountants' Report | 6 |
Mortgages Made Easy (Scotland) Limited |
Company Information |
for the Year Ended 28 February 2019 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Achorn House |
34 Millbank Road |
Munlochy |
Ross-Shire |
IV8 8ND |
BANKERS: |
Aberdeen Central |
12 Golden Square |
Aberdeen |
Aberdeen-shire |
AB9 8DU |
SOLICITORS: |
20 Bon Accord Square |
Aberdeen |
AB11 6DJ |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Abridged Balance Sheet |
28 February 2019 |
28.2.19 | 28.2.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Abridged Balance Sheet - continued |
28 February 2019 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Notes to the Financial Statements |
for the Year Ended 28 February 2019 |
1. | STATUTORY INFORMATION |
Mortgages Made Easy (Scotland) Limited is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of |
discounts and Value Added Tax. |
Turnover from a contract to provide services is recognised in the period in which the services are provided in |
accordance with the stage of completion of the contract. Turnover is recognised when the amount of turnover |
can be measured reliably, it is probable that the Company will receive the consideration due under the contract, |
the stage of completion of the contract at the end of the reporting period can be measured reliably and when the |
costs incurred and the costs to complete the contract can be measured reliably. |
Tangible fixed assets |
Computer equipment | - |
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. |
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 |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2019 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 March 2018 |
Additions |
At 28 February 2019 |
DEPRECIATION |
At 1 March 2018 |
Charge for year |
At 28 February 2019 |
NET BOOK VALUE |
At 28 February 2019 |
At 28 February 2018 |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
Mortgages Made Easy (Scotland) Limited |
The following reproduces the text of the report prepared for the director 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 Director 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 Mortgages Made Easy (Scotland) Limited for the year ended 28 February 2019 which comprise |
the Abridged Income Statement, Abridged 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance. |
This report is made solely to the director of Mortgages Made Easy (Scotland) Limited in accordance with the terms of our engagement letter dated 4 June 2002. Our work has been undertaken solely to prepare for your approval the financial statements of Mortgages Made Easy (Scotland) Limited and state those matters that we have agreed to state to the director of Mortgages Made Easy (Scotland) Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that Mortgages Made Easy (Scotland) Limited 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 profit of Mortgages Made Easy (Scotland) Limited. You consider that Mortgages Made Easy (Scotland) Limited 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 Mortgages Made Easy (Scotland) Limited. 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. |
Chartered Accountants |
Achorn House |
34 Millbank Road |
Munlochy |
Ross-Shire |
IV8 8ND |