MMW Technology Services Ltd - Accounts to registrar (filleted) - small 18.2

MMW Technology Services Ltd - Accounts to registrar (filleted) - small 18.2

MMW TECHNOLOGY SERVICES LTD - Company Information

Print Friendly Version

IRIS Accounts Production v20.3.0.228 08443965 director 1.4.19 31.3.20 31.3.20 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure084439652019-03-31084439652020-03-31084439652019-04-012020-03-31084439652018-03-31084439652018-04-012019-03-31084439652019-03-3108443965ns16:EnglandWales2019-04-012020-03-3108443965ns15:PoundSterling2019-04-012020-03-3108443965ns11:Director12019-04-012020-03-3108443965ns11:PrivateLimitedCompanyLtd2019-04-012020-03-3108443965ns11:SmallEntities2019-04-012020-03-3108443965ns11:AuditExemptWithAccountantsReport2019-04-012020-03-3108443965ns11:SmallCompaniesRegimeForDirectorsReport2019-04-012020-03-3108443965ns11:SmallCompaniesRegimeForAccounts2019-04-012020-03-3108443965ns11:AbridgedAccounts2019-04-012020-03-3108443965ns11:RegisteredOffice2019-04-012020-03-3108443965ns6:CurrentFinancialInstruments2020-03-3108443965ns6:CurrentFinancialInstruments2019-03-3108443965ns6:ShareCapital2020-03-3108443965ns6:ShareCapital2019-03-3108443965ns6:RetainedEarningsAccumulatedLosses2020-03-3108443965ns6:RetainedEarningsAccumulatedLosses2019-03-31
REGISTERED NUMBER: 08443965 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2020

FOR

MMW TECHNOLOGY SERVICES LTD
MMW TECHNOLOGY SERVICES LTD (REGISTERED NUMBER: 08443965)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2020




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

MMW TECHNOLOGY SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2020







DIRECTOR: M. M. Woods, Esq





REGISTERED OFFICE: 15a Station Road
Epping
Essex
CM16 4HG





REGISTERED NUMBER: 08443965 (England and Wales)





ACCOUNTANTS: S. Cobbin & Co Limited
Chartered Accountants
15a Station Road
Epping
Essex
CM16 4HG
Page 1
MMW TECHNOLOGY SERVICES LTD (REGISTERED NUMBER: 08443965)

ABRIDGED BALANCE SHEET
31ST MARCH 2020

2020 2019
Notes £    £   
FIXED ASSETS
Tangible assets 4 983 665

CURRENT ASSETS
Debtors 6,600 2,835
Cash at bank 79,283 41,081
85,883 43,916
CREDITORS
Amounts falling due within one year (39,498 ) (23,637 )
NET CURRENT ASSETS 46,385 20,279
TOTAL ASSETS LESS CURRENT
LIABILITIES
47,368
20,944

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 47,268 20,844
SHAREHOLDERS' FUNDS 47,368 20,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2020 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 director and authorised for issue on 14th January 2021 and were signed by:




M. M. Woods, Esq - Director


The notes form part of these financial statements

Page 2
MMW TECHNOLOGY SERVICES LTD (REGISTERED NUMBER: 08443965)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2020

1. STATUTORY INFORMATION

MMW Technology Services 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
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.

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 2 (2019 - 1 ) .

Page 3 continued...
MMW TECHNOLOGY SERVICES LTD (REGISTERED NUMBER: 08443965)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2020

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2019 2,103
Additions 1,106
At 31st March 2020 3,209
DEPRECIATION
At 1st April 2019 1,438
Charge for year 788
At 31st March 2020 2,226
NET BOOK VALUE
At 31st March 2020 983
At 31st March 2019 665

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MMW TECHNOLOGY SERVICES LTD

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 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 MMW Technology Services Ltd for the year ended 31st March 2020 which comprise the 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of MMW Technology Services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MMW Technology Services Ltd and state those matters that we have agreed to state to the director of MMW Technology Services Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MMW Technology Services Ltd and its director for our work or for this report.

It is your duty to ensure that MMW Technology Services Ltd 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 MMW Technology Services Ltd. You consider that MMW Technology Services Ltd 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 MMW Technology Services Ltd. 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.






S. Cobbin & Co Limited
Chartered Accountants
15a Station Road
Epping
Essex
CM16 4HG


14th January 2021

This page does not form part of the statutory financial statements

Page 5