MERSEYMOUNT LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04166494 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2018

for

MERSEYMOUNT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A T Connell

SECRETARY:

REGISTERED OFFICE:

78 Mount Pleasant

Liverpool

Merseyside

L3 5SL

REGISTERED NUMBER:

04166494 (England and Wales)

ACCOUNTANTS:

Shahabuddin & Co Ltd

Chartered Accountants

Lombard Chambers

Ormond Street

Liverpool

Merseyside

L3 9NA

FIXED ASSETS

Property, plant and equipment

4

177

358

CURRENT ASSETS

Debtors

5

12,908

12,908

Cash at bank and in hand

8,646

6,179

21,554

19,087

CREDITORS

Amounts falling due within one year

6

4,429

6,247

NET CURRENT ASSETS

17,125

12,840

TOTAL ASSETS LESS CURRENT LIABILITIES

17,302

13,198

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

17,202

13,098

SHAREHOLDERS' FUNDS

17,302

13,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 November 2018 and were signed by:

A T Connell - Director

1.	STATUTORY INFORMATION

MERSEYMOUNT LTD is a private company, limited by shares , registered in England and

Wales. 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have

been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 March 2017

and 28 February 2018

8,349

DEPRECIATION

At 1 March 2017

7,991

Charge for year

181

At 28 February 2018

8,172

NET BOOK VALUE

At 28 February 2018

177

At 28 February 2017

358

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/18

28/2/17

£

£

Trade debtors

2,520

2,520

Other debtors

10,388

10,388

12,908

12,908

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/18

28/2/17

£

£

Taxation and social security

2,596

2,246

Other creditors

1,833

4,001

4,429

6,247

7.

RESERVES

Retained

earnings

£

At 1 March 2017

13,098

Profit for the year

11,104

Dividends

(7,000

)

At 28 February 2018

17,202