Accounts filed on 31-12-2019

Accounts filed on 31-12-2019

MASSEY INDEPENDENT ADVISERS LIMITED - Company Information

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03448606falsethat of independent financial advisers2019-01-012019-12-31http://www.companieshouse.gov.uk/2018-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2018-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2018-12-31http://www.companieshouse.gov.uk/cd:Director12019-01-012019-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2019-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2019-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2018-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2019-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12019-01-012019-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2019-01-012019-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2019-01-012019-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2019-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2018-12-31http://www.companieshouse.gov.uk/2019-01-012019-12-31http://www.companieshouse.gov.uk/2018-12-31http://www.companieshouse.gov.uk/cd:FRS1022019-01-012019-12-31http://www.companieshouse.gov.uk/2019-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2019-01-012019-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2019-01-012019-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03448606
Massey Independent Advisers Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2019
Prepared By:
Victor Stewart
The White House
164 Bridge Road
Sarisbury Green
Hampshire
SO31 7EH
Massey Independent Advisers Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2019
DIRECTORS
Sean Sidney Massey
SECRETARY
Deborah Ruth Massey
REGISTERED OFFICE
Winnington House
2 Woodberry Grove
London
N12 0DR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03448606
ACCOUNTANTS
Victor Stewart
The White House
164 Bridge Road
Sarisbury Green
Hampshire
SO31 7EH
Massey Independent Advisers Limited
ACCOUNTS
FOR THEYEARENDED31/12/2019
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Massey Independent Advisers Limited
BALANCE SHEET AT 31/12/2019
20192018
Notes££
FIXED ASSETS
Tangible assets214,90419,872
CURRENT ASSETS
Debtors370,236129,548
Cash at bank and in hand204,251189,849
274,487319,397
CREDITORS: Amounts falling due within one year4119,088148,989
NET CURRENT ASSETS155,399170,408
TOTAL ASSETS LESS CURRENT LIABILITIES170,303190,280
CAPITAL AND RESERVES
Called up share capital650,00050,000
Profit and loss account120,303140,280
SHAREHOLDERS' FUNDS170,303190,280
For the year ending 31/12/2019 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/02/2020 and signed on their behalf by
.............................
Sean Sidney Massey
Director
Massey Independent Advisers Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2019
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Fixtures and Fittings 15%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 01/01/201956,52531,05087,575
At 31/12/201956,52531,05087,575
Depreciation
At 01/01/201956,52511,17867,703
For the year-4,9684,968
At 31/12/201956,52516,14672,671
Net Book Amounts
At 31/12/2019-14,90414,904
At 31/12/2018-19,87219,872
Massey Independent Advisers Limited
3. DEBTORS 20192018
££
Amounts falling due within one year
Trade debtors65,236120,647
Prepayments5,0005,000
Directors current account-3,901
70,236129,548
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20192018
££
Corporation tax8,26132,189
PAYE control467492
Directors current account4,729-
Trade creditors68,31178,988
Other creditors37,32037,320
119,088148,989
5. EMPLOYEES
20192018
No.No.
Average number of employees33
6. SHARE CAPITAL 20192018
££
Allotted, issued and fully paid:
50000 Ordinary shares of £1 each5000050000
50,00050,000