IRIS Accounts Production v18.3.0.592 09023475 director 1.6.17 31.3.18 31.3.18 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure090234752017-05-31090234752018-03-31090234752017-06-012018-03-31090234752016-05-31090234752016-06-012017-05-31090234752017-05-3109023475ns15:EnglandWales2017-06-012018-03-3109023475ns14:PoundSterling2017-06-012018-03-3109023475ns10:Director12017-06-012018-03-3109023475ns10:PrivateLimitedCompanyLtd2017-06-012018-03-3109023475ns10:SmallEntities2017-06-012018-03-3109023475ns10:AuditExempt-NoAccountantsReport2017-06-012018-03-3109023475ns10:SmallCompaniesRegimeForAccounts2017-06-012018-03-3109023475ns10:FullAccounts2017-06-012018-03-3109023475ns10:OrdinaryShareClass12017-06-012018-03-3109023475ns10:RegisteredOffice2017-06-012018-03-3109023475ns5:CurrentFinancialInstruments2018-03-3109023475ns5:CurrentFinancialInstruments2017-05-3109023475ns5:ShareCapital2018-03-3109023475ns5:ShareCapital2017-05-3109023475ns5:RetainedEarningsAccumulatedLosses2018-03-3109023475ns5:RetainedEarningsAccumulatedLosses2017-05-3109023475ns5:FurnitureFittings2017-06-012018-03-3109023475ns5:ComputerEquipment2017-06-012018-03-3109023475ns5:FurnitureFittings2017-05-3109023475ns5:ComputerEquipment2017-05-3109023475ns5:FurnitureFittings2018-03-3109023475ns5:ComputerEquipment2018-03-3109023475ns5:FurnitureFittings2017-05-3109023475ns5:ComputerEquipment2017-05-3109023475ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3109023475ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-05-3109023475ns10:OrdinaryShareClass12018-03-3109023475ns5:RetainedEarningsAccumulatedLosses2017-05-3109023475ns5:RetainedEarningsAccumulatedLosses2017-06-012018-03-31


REGISTERED NUMBER: 09023475 (England and Wales)















Financial Statements for the Period 1 June 2017 to 31 March 2018

for

MUDTON LTD

MUDTON LTD (REGISTERED NUMBER: 09023475)

Contents of the Financial Statements
for the Period 1 June 2017 to 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MUDTON LTD

Company Information
for the Period 1 June 2017 to 31 March 2018







DIRECTOR: P Mudzingwa





REGISTERED OFFICE: 3E Albert Square
London
SW8 1BU





REGISTERED NUMBER: 09023475 (England and Wales)





ACCOUNTANTS: Samuelsons & Co
Chartered Certified Accountants
The Brentano Suite
Solar House
915 High Road
North Finchley
London
N12 8QJ

MUDTON LTD (REGISTERED NUMBER: 09023475)

Balance Sheet
31 March 2018

31.3.18 31.5.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 164 340

CURRENT ASSETS
Debtors 5 7,808 6,565
Cash at bank 1,613 134
9,421 6,699
CREDITORS
Amounts falling due within one year 6 5,602 4,401
NET CURRENT ASSETS 3,819 2,298
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,983

2,638

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 3,982 2,637
SHAREHOLDERS' FUNDS 3,983 2,638

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 13 November 2018 and were signed by:



P Mudzingwa - Director


MUDTON LTD (REGISTERED NUMBER: 09023475)

Notes to the Financial Statements
for the Period 1 June 2017 to 31 March 2018


1. STATUTORY INFORMATION

Mudton 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
Turnover 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

MUDTON LTD (REGISTERED NUMBER: 09023475)

Notes to the Financial Statements - continued
for the Period 1 June 2017 to 31 March 2018


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2017
and 31 March 2018 515 850 1,365
DEPRECIATION
At 1 June 2017 298 727 1,025
Charge for period 54 122 176
At 31 March 2018 352 849 1,201
NET BOOK VALUE
At 31 March 2018 163 1 164
At 31 May 2017 217 123 340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.5.17
£    £   
Trade debtors 7,808 6,247
PAYE excess payment on account - 318
7,808 6,565

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.5.17
£    £   
Tax 3,172 3,521
Directors' current accounts 1,950 500
Accrued expenses 480 380
5,602 4,401

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.5.17
value: £    £   
1 Ordinary £1 1 1

MUDTON LTD (REGISTERED NUMBER: 09023475)

Notes to the Financial Statements - continued
for the Period 1 June 2017 to 31 March 2018


8. RESERVES
Retained
earnings
£   

At 1 June 2017 2,637
Profit for the period 13,345
Dividends (12,000 )
At 31 March 2018 3,982