Company Registration No. 06549101 (England and Wales)
M Walsh Limited
Unaudited accounts
for the year ended 31 March 2018
M Walsh Limited
Unaudited accounts
Contents
M Walsh Limited
Company Information
for the year ended 31 March 2018
Company Number
06549101 (England and Wales)
Registered Office
1 Stable Court Business Centre
Water Lane Farm, Tarbock Green
Liverpool
Merseyside
L35 1RD
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
M Walsh Limited
Statement of financial position
as at
31 March 2018
Tangible assets
2,830
3,657
Cash at bank and in hand
1,958
2,503
Creditors: amounts falling due within one year
(9,013)
(14,039)
Net current liabilities
(2,027)
(3,332)
Called up share capital
10
10
Profit and loss account
793
315
Shareholders' funds
803
325
For the year ending 31 March 2018 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 17 July 2018.
Mr M Walsh
Director
Company Registration No. 06549101
M Walsh Limited
Notes to the Accounts
for the year ended 31 March 2018
M Walsh Limited is a private company, limited by shares, registered in England and Wales, registration number 06549101. The registered office is 1 Stable Court Business Centre, Water Lane Farm, Tarbock Green, Liverpool, Merseyside, L35 1RD.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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:
Motor vehicles
25% on reducing balance
Computer equipment
15% on reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2017
6,600
1,473
8,073
At 31 March 2018
6,600
1,473
8,073
At 1 April 2017
3,816
600
4,416
Charge for the year
696
131
827
At 31 March 2018
4,512
731
5,243
At 31 March 2018
2,088
742
2,830
At 31 March 2017
2,784
873
3,657
Trade debtors
5,028
8,204
M Walsh Limited
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
8,155
12,374
Loans from directors
53
572
7
Share capital
2018
2017
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 1 (2017: 1).