Mayoh Smith Services Limited


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Company Registration No. 06642803 (England and Wales)
Mayoh Smith Services LimitedUnaudited accounts for the year ended 31 July 2017
Mayoh Smith Services LimitedUnaudited accounts Contents
Page
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Mayoh Smith Services Limited Company Information for the year ended 31 July 2017
Director
S Mayoh-Smith
Company Number
06642803 (England and Wales)
Registered Office
4 BARNGATE CLOSEBIRSTALLLEICESTERLEICESTERSHIRELE4 3GF
Accountants
S A Acc'y Ltd The Corner House 23 Market Street Craven Arms Shropshire SY7 9NW
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Mayoh Smith Services Limited Statement of financial position as at 31 July 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,257 
1,397 
Current assets
Debtors
- 
2,310 
Cash at bank and in hand
5,301 
1,701 
5,301 
4,011 
Creditors: amounts falling due within one year
(5,166)
(3,556)
Net current assets
135 
455 
Total assets less current liabilities
1,392 
1,852 
Creditors: amounts falling due after more than one year
(115)
(575)
Provisions for liabilities
Deferred tax
(251)
(279)
Net assets
1,026 
998 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
926 
898 
Shareholders' funds
1,026 
998 
For the year ending 31 July 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 4 April 2018.
S Mayoh-Smith Director Company Registration No. 06642803
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Mayoh Smith Services Limited Notes to the Accounts for the year ended 31 July 2017
1
Statutory information
Mayoh Smith Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06642803. The registered office is 4 BARNGATE CLOSE, BIRSTALL, LEICESTER, LEICESTERSHIRE, LE4 3GF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
10% per annum reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2016
2,926 
At 31 July 2017
2,926 
Depreciation
At 1 August 2016
1,529 
Charge for the year
140 
At 31 July 2017
1,669 
Net book value
At 31 July 2017
1,257 
At 31 July 2016
1,397 
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Mayoh Smith Services Limited Notes to the Accounts for the year ended 31 July 2017
5
Debtors
2017 
2016 
£ 
£ 
Trade debtors
- 
2,310 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
- 
1,157 
Taxes and social security
4,026 
2,399 
Accruals
1,140 
- 
5,166 
3,556 
7
Creditors: amounts falling due after more than one year
2017 
2016 
£ 
£ 
Other creditors
115 
575 
8
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
100Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
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