M J Clothing Limited - Limited company accounts 11.4

REGISTERED NUMBER: 08208090 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 September 2016

for

M J Clothing Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

6

SECRETARY:

M Jekabsonas

REGISTERED OFFICE:

235 Manchester Road

Bolton

BL3 1QP

REGISTERED NUMBER:

08208090 (England and Wales)

ACCOUNTANTS:

HMRS Accountancy Services

2 Ashawe Close

Little Hulton

Manchester

M38 0ED

The director presents report with the financial statements of the company for the year ended

30 September 2016.

DIRECTORS

M Jekabsonas - resigned 1 April 2016

Mrs L Jekabson - appointed 1 April 2016

Mrs L Jekabson ceased to be a director after 30 September 2016 but prior to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs L Jekabson - Director

27 June 2017

TURNOVER

36,999

38,121

Cost of sales

16,159

20,003

GROSS PROFIT

20,840

18,118

Distribution costs

10,310

8,340

Administrative expenses

10,084

9,368

20,394

17,708

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

446

410

Tax on profit on ordinary activities

3

89

-

PROFIT FOR THE FINANCIAL YEAR

357

410

FIXED ASSETS

Tangible assets

4

410

280

CURRENT ASSETS

Debtors

5

357

-

Cash at bank and in hand

446

292

803

292

CREDITORS

Amounts falling due within one year

6

756

390

NET CURRENT ASSETS/(LIABILITIES)

47

(98

)

TOTAL ASSETS LESS CURRENT LIABILITIES

457

182

CREDITORS

Amounts falling due after more than one year

7

-

82

NET ASSETS

457

100

CAPITAL AND RESERVES

Called up share capital

8

100

100

Profit and loss account

9

357

-

SHAREHOLDERS' FUNDS

457

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges

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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 27 June 2017 and were signed by:

Mrs L Jekabson - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

30.9.16

30.9.15

£

£

Directors' remuneration and other benefits etc

7,226

6,630

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

30.9.16

30.9.15

£

£

Current tax:

UK corporation tax

89

-

Tax on profit on ordinary activities

89

-

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2015

280

Additions

130

At 30 September 2016

410

NET BOOK VALUE

At 30 September 2016

410

At 30 September 2015

280

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.16

30.9.15

£

£

Trade debtors

357

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.16

30.9.15

£

£

Trade creditors

-

390

Taxation and social security

89

-

Other creditors

667

-

756

390

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.16

30.9.15

£

£

Taxation and social security

-

82

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Profit

and loss

account

£

Profit for the year

357

At 30 September 2016

357