Mortgages Made Easy (Scotland) Limited - Abbreviated accounts 16.3
Mortgages Made Easy (Scotland) Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 29 February 2016 |
for |
Mortgages Made Easy (Scotland) Limited |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Contents of the Abbreviated Accounts |
for the Year Ended 29 February 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 4 |
Mortgages Made Easy (Scotland) Limited |
Company Information |
for the Year Ended 29 February 2016 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
BANKERS: |
SOLICITORS: |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Abbreviated Balance Sheet |
29 February 2016 |
29.2.16 | 28.2.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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 | 3 |
Profit and loss account |
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. |
The financial statements were approved by the director on |
Mortgages Made Easy (Scotland) Limited (Registered number: SC210552) |
Notes to the Abbreviated Accounts |
for the Year Ended 29 February 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
Turnover |
Turnover represents commissions receivable. |
Tangible fixed assets |
Computer equipment | - |
Deferred tax |
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment |
of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are |
expected to apply in the periods when the timing differences will reverse and has not been discounted. |
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 the profit and loss account in the period to which they relate. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 March 2015 |
Additions |
At 29 February 2016 |
DEPRECIATION |
At 1 March 2015 |
Charge for year |
At 29 February 2016 |
NET BOOK VALUE |
At 29 February 2016 |
At 28 February 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 29.2.16 | 28.2.15 |
value: | £ | £ |
Ordinary | £1 |
4. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |
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, from which the unaudited abbreviated accounts (set out on pages two to three) |
have been prepared. |
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 29 February 2016 which comprise |
the Profit and Loss Account, the 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 of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/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 the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/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. |
22 April 2016 |