Terry Macey Limited - Period Ending 2017-07-31

Registration number: 04029900

Terry Macey Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2017

Terry Macey Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2

Terry Macey Limited

(Registration number: 04029900)
Balance Sheet as at 31 July 2017

		2017 £	(As restated) 2016 £
Fixed assets		43,061	51,271
Current assets		149,675	147,623
Prepayments and accrued income		2,417	2,242
Creditors: Amounts falling due within one year		(32,897)	(42,151)
Net current assets		119,195	107,714
Total assets less current liabilities		162,256	158,985
Accruals and deferred income		(2,915)	(2,450)
		159,341	156,535
Capital and reserves		159,341	156,535

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 30 April 2018 and signed on its behalf by:
 

.........................................

Mr T Macey

Director

The notes on page 2 form an integral part of these financial statements.

Page 1

Terry Macey Limited

Notes to the Financial Statements for the Year Ended 31 July 2017

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Winchester House
Deane Gate Avenue
Taunton
Somerset
TA1 2UH
England

The principal place of business is:
Avalon Chapel
Silver Street
Glastonbury
Somerset
BA6 8BS

These financial statements were authorised for issue by the Board on 30 April 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Related party transactions

Transactions with directors

2017	At 1 August 2016 £	Advances to directors £	Repayments by director £	At 31 July 2017 £
Mr T Macey
Loan advances repayable on demand and subject to interest at 3%	34,429	15,048	(36,000)	13,477

2016	At 1 August 2015 £	Advances to directors £	Repayments by director £	At 31 July 2016 £
Mr T Macey
Loan advances repayable on demand and subject to interest at 3%	31,696	34,733	(32,000)	34,429

Page 2