Registered Number:NI611416 |
For the year ended 28 February 2018
Northern Ireland
Unaudited Financial Statements
For the year ended 28 February 2018
MLS Mortgages Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
MLS Mortgages Limited
Statement of Financial Position
2017
2018
Property, plant and equipment |
3,984
3,942
2
3,984
3,942
Trade and other receivables |
10,800
11,200
3
10,796
Cash and cash equivalents |
24,910
36,110
21,596
Trade and other payables: amounts falling due within one |
year |
(25,116)
(33,293)
4
(3,520)
2,817
Net current assets
Total assets less current liabilities |
6,801
422
6,801
Net assets
422
6
6
6,795
416
6,801
422
Shareholders' funds
For the year ended 28 February 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 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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 13 November 2018 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2018
MLS Mortgages Limited
Notes to the Financial Statements
Statutory Information
MLS Mortgages Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
number NI611416. |
52 Church Place
Lurgan
Armagh
BT66 6HD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Furniture and Fittings
2. Property, plant and equipment |
7,555
1,038
8,593
Provision for depreciation and impairment |
3,613
Charge for year
996
4,609
3,984
3,942
3. Trade and other receivables |
2017
2018
11,200
10,800
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For the year ended 28 February 2018
MLS Mortgages Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2017
2018
3,354
1,031
Taxation and social security |
9,393
7,842
20,546
16,243
33,293
25,116
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