MERSEYMOUNT LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 04166494 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2019

for

MERSEYMOUNT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A T Connell

SECRETARY:

REGISTERED OFFICE:

78 Mount Pleasant

Liverpool

Merseyside

L3 5SL

REGISTERED NUMBER:

04166494 (England and Wales)

ACCOUNTANTS:

Shahabuddin & Co Ltd

Chartered Accountants

Lombard Chambers

Ormond Street

Liverpool

Merseyside

L3 9NA

FIXED ASSETS

Property, plant and equipment

4

1

177

CURRENT ASSETS

Debtors

5

12,908

Cash at bank and in hand

6,705

8,646

19,613

21,554

CREDITORS

Amounts falling due within one year

6

3,502

4,429

NET CURRENT ASSETS

16,111

17,125

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,112

17,302

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

7

16,012

17,202

SHAREHOLDERS' FUNDS

16,112

17,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

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.

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.

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 25 October 2019 and were signed by:

A T Connell - Director

1.	STATUTORY INFORMATION

MERSEYMOUNT LTD 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

Revenue 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 2 ).

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 March 2018

and 28 February 2019

8,349

DEPRECIATION

At 1 March 2018

8,172

Charge for year

176

At 28 February 2019

8,348

NET BOOK VALUE

At 28 February 2019

1

At 28 February 2018

177

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

28/2/19

28/2/18

£

Trade debtors

2,520

Other debtors

10,388

12,908

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

28/2/19

28/2/18

£

Taxation and social security

2,242

2,596

Other creditors

1,260

1,833

3,502

4,429

7.

RESERVES

Retained

earnings

£

At 1 March 2018

17,202

Profit for the year

9,410

Dividends

(10,600

)

At 28 February 2019

16,012

MERSEYMOUNT LTD - Accounts to registrar (filleted) - small 18.2

MERSEYMOUNT LTD - Accounts to registrar (filleted) - small 18.2