Company Registration No. 03520432 (England and Wales)
Mark Williams Motoring Limited
Unaudited accounts
for the year ended 31 October 2017
Mark Williams Motoring Limited
Unaudited accounts
Contents
Mark Williams Motoring Limited
Company Information
for the year ended 31 October 2017
Company Number
03520432 (England and Wales)
Registered Office
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
Accountants
Langers
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
Mark Williams Motoring Limited
Statement of financial position
as at
31 October 2017
Investments
65,530
59,692
Cash at bank and in hand
486
4,823
Creditors: amounts falling due within one year
(29,421)
(31,895)
Net current liabilities
(28,810)
(26,947)
Called up share capital
2
2
Profit and loss account
36,718
32,743
Shareholders' funds
36,720
32,745
For the year ending 31 October 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 19 July 2018.
M Stawarczyk
Director
Company Registration No. 03520432
Mark Williams Motoring Limited
Notes to the Accounts
for the year ended 31 October 2017
Mark Williams Motoring Limited is a private company, limited by shares, registered in England and Wales, registration number 03520432. The registered office is 8-10 Gatley Road, Cheadle, Cheshire, SK8 1PY. The principal place of business is 1a Rimsdale Close, Gatley, Cheadle, SK8 4LL.
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.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in joint ventures are stated at cost less provision for permanent diminution in value.
4
Investments
Other investments
Valuation at 1 November 2016
59,692
Valuation at 31 October 2017
65,530
The investment is a joint venture with Helmat Construction Limited, a company in which M Stawarczyk is a director and holds 40% of issued share capital.
The joint venture is based in England and its principal activity is property ownership and management.
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
957
5,314
Loans from directors
27,720
25,843
Mark Williams Motoring Limited
Notes to the Accounts
for the year ended 31 October 2017
7
Average number of employees
During the year the average number of employees was 1 (2016: 1).