M H T Andrew Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC355890 (Scotland)

Financial Statements for the Year Ended 31 March 2018

for

M H T Andrew Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M H T Andrew FRICS, FAAV

Mrs E M Andrew

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

REGISTERED NUMBER:

SC355890 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Property, plant and equipment

4

5,052

6,736

CURRENT ASSETS

Debtors

5

44,320

64,315

Cash at bank

30,630

9,218

74,950

73,533

CREDITORS

Amounts falling due within one year

6

3,252

4,146

NET CURRENT ASSETS

71,698

69,387

TOTAL ASSETS LESS CURRENT LIABILITIES

76,750

76,123

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

76,740

76,113

SHAREHOLDERS' FUNDS

76,750

76,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 18 August 2018 and were signed on its behalf by:

M H T Andrew FRICS, FAAV - Director

1.	STATUTORY INFORMATION

M H T Andrew Limited is a private company, limited by shares , registered in Scotland. 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

21,289

DEPRECIATION

At 1 April 2017

14,553

Charge for year

1,684

At 31 March 2018

16,237

NET BOOK VALUE

At 31 March 2018

5,052

At 31 March 2017

6,736

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

4,020

4,315

Other debtors

40,300

60,000

44,320

64,315

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

756

478

Taxation and social security

334

269

Other creditors

2,162

3,399

3,252

4,146

7.	RELATED PARTY DISCLOSURES

Other debtors of £40,000 (2017 - £60,000) is a loan to Braiklay Estates Limited, a company in which the MHT

Andrew Limited director, Mr Mark Andrew is also one of five directors. The loan remains outstanding at 31st

March 2018.

During the year the directors advanced the company the following amounts:-

Mr M H T Andrew - £896 (2017 - £1,229)

This amount remained outstanding at 31/03/2018 and is included within Other creditors in the notes to the

accounts.

8.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by the director Mr Mark Andrew by virtue of his majority 90%

holding in the ordinary share capital of the company.