Abbreviated Company Accounts - THE MORTGAGE GROUP (NI) LIMITED

THE MORTGAGE GROUP (NI) LIMITED - Company Information

NI039335 THE MORTGAGE GROUP (NI) LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true NI039335 2015-11-01 2016-10-31 NI039335 2016-10-31 NI039335 2015-10-31 NI039335 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 NI039335 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number NI039335

THE MORTGAGE GROUP (NI) LIMITED

Abbreviated Accounts

31 October 2016

THE MORTGAGE GROUP (NI) LIMITED Registered Number NI039335

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	12,918	3,027
Investments		-	-
		12,918	3,027
Current assets
Debtors		174,955	55,000
Cash at bank and in hand		23,201	71,726
		198,156	126,726
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(115,200)	(6,200)
Net current assets (liabilities)		82,956	120,526
Total assets less current liabilities		95,874	123,553
Total net assets (liabilities)		95,874	123,553
Capital and reserves
Called up share capital	3	90	90
Profit and loss account		95,784	123,463
Shareholders' funds		95,874	123,553

For the year ending 31 October 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 June 2017

And signed on their behalf by:
Mr Colin White, Director

THE MORTGAGE GROUP (NI) LIMITED Registered Number NI039335

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities( effective January 2015 )

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost l.Depreciation is provided at rates calculated to write off the cost of the fixed assets,less their estimated residual value,over their expected useful lives on the following bases
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	82,762
Additions	14,196
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	96,958
Depreciation
At 1 November 2015	79,735
Charge for the year	4,305
On disposals	-
At 31 October 2016	84,040
Net book values
At 31 October 2016	12,918
At 31 October 2015	3,027

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
90 Ordinary shares of £1 each	90	90