Mick Mee Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 04699820 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Mick Mee Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

M J Mee

REGISTERED OFFICE:

18 Chestnut Drive

Bagworth

Coalville

Leicestershire

LE67 1GW

REGISTERED NUMBER:

04699820 (England and Wales)

ACCOUNTANTS:

121 Local Accounting Ltd

Chartered Accountants

Brunel Way

Stephenson Industrial Estate

Coalville

Leicestershire

LE67 3HF

The following reproduces the text of the report prepared for the director and members 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 Mick Mee Limited for the year ended 31 March 2017 which comprise the Income

Statement, 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 Mick Mee Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mick Mee Limited and state those matters that we have agreed to state to the director of Mick Mee Limited 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 Mick Mee Limited director for our work or for this report.

It is your duty to ensure that Mick Mee 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 Mick Mee Limited. You consider that Mick Mee 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 Mick Mee 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.

121 Local Accounting Ltd

Chartered Accountants

Brunel Way

Stephenson Industrial Estate

Coalville

Leicestershire

LE67 3HF

8 June 2017

FIXED ASSETS

Tangible assets

4

23,137

28,953

CURRENT ASSETS

Debtors

5

14,158

21,429

Cash at bank

2,481

3,596

16,639

25,025

CREDITORS

Amounts falling due within one year

6

25,605

26,117

NET CURRENT LIABILITIES

(8,966

)

(1,092

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,171

27,861

CREDITORS

Amounts falling due after more than one year

7

(9,405

)

(21,946

)

PROVISIONS FOR LIABILITIES

(4,627

)

(5,790

)

NET ASSETS

139

125

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

37

23

SHAREHOLDERS' FUNDS

139

125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 8 June 2017 and were signed by:

M J Mee - Director

1.	STATUTORY INFORMATION

Mick Mee Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced fees for services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 20% on reducing balance

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

87,785

711

88,496

DEPRECIATION

At 1 April 2016

59,019

524

59,543

Charge for year

5,753

63

5,816

At 31 March 2017

64,772

587

65,359

NET BOOK VALUE

At 31 March 2017

23,013

124

23,137

At 31 March 2016

28,766

187

28,953

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2016

and 31 March 2017

87,785

DEPRECIATION

At 1 April 2016

59,019

Charge for year

5,753

At 31 March 2017

64,772

NET BOOK VALUE

At 31 March 2017

23,013

At 31 March 2016

28,766

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

6,610

5,514

Other debtors

7,548

15,915

14,158

21,429

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Hire purchase contracts

12,541

12,541

Taxation and social security

11,864

12,451

Other creditors

1,200

1,125

25,605

26,117

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Hire purchase contracts

9,405

21,946

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and

31 March 2016:

31.3.17

31.3.16

£

£

M J Mee

Balance outstanding at start of year

7,450

15,863

Amounts advanced

33,762

28,272

Amounts repaid

(40,025

)

(36,685

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,187

7,450

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M J Mee.