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REGISTERED NUMBER: SC173622 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

MJL CONSULTING LTD

MJL CONSULTING LTD (REGISTERED NUMBER: SC173622)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MJL CONSULTING LTD

COMPANY INFORMATION
for the Year Ended 31 MARCH 2018







DIRECTOR: M J Love





SECRETARY: Mrs A Love





REGISTERED OFFICE: Atlantic House
1a Cadogan Street
Glasgow
G2 6QE





REGISTERED NUMBER: SC173622 (Scotland)





ACCOUNTANTS: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE

MJL CONSULTING LTD (REGISTERED NUMBER: SC173622)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2017 2018
£    £    Notes £    £   
FIXED ASSETS
1,103 Tangible assets 4 1,523

CURRENT ASSETS
10,433 Debtors 5 10,055
18,229 Cash at bank 42,561
28,662 52,616
CREDITORS
13,455 Amounts falling due within one year 6 18,507
15,207 NET CURRENT ASSETS 34,109
16,310 TOTAL ASSETS LESS CURRENT
LIABILITIES

35,632

CAPITAL AND RESERVES
2 Called up share capital 2
16,308 Retained earnings 35,630
16,310 SHAREHOLDERS' FUNDS 35,632

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

The members have not required the company to obtain an audit of its financial statements for the year 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 12 November 2018 and were signed by:





M J Love - Director


MJL CONSULTING LTD (REGISTERED NUMBER: SC173622)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2018

1. STATUTORY INFORMATION

MJL Consulting Ltd is a private company, limited by shares, registered in Scotland, registration number
SC173622. The registered office is Atlantic House, 1A Cadogan Street, Glasgow, G2 6QE.

The presentation currency of the financial statements is Pounds Sterling (£).

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.

Significant judgements and estimates
In preparing these financial statements, the director is required to make judgements, estimates and assumptions
that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities,
income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

There are no significant judgements or estimates included in these accounts.

Turnover
Turnover is measured at the fair value of consideration received or receivable, taking into account the amount of
any discounts and rebates allowed by the entity, but excluding value added tax and other sales taxes

Services
Income from services is recognised when performed, such that risks and rewards have been transferred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprises cash balances. Bank overdrafts that are payable on demand and form an
integral part of the company's cash management are included as a component of cash and cash equivalents for
the purpose only of the cash flow statement.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans,
are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost
using the effective interest method.

Provisions
Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current
market assessments of the time value of money and the risks specific to the liability. The unwinding of the
discount is recognised as finance cost.


MJL CONSULTING LTD (REGISTERED NUMBER: SC173622)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2018

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 8,086
Additions 714
Disposals (301 )
At 31 March 2018 8,499
DEPRECIATION
At 1 April 2017 6,983
Charge for year 294
Eliminated on disposal (301 )
At 31 March 2018 6,976
NET BOOK VALUE
At 31 March 2018 1,523
At 31 March 2017 1,103

MJL CONSULTING LTD (REGISTERED NUMBER: SC173622)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 9,915 10,296
Other debtors 140 137
10,055 10,433

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 9,597 1,765
Other creditors 8,910 11,690
18,507 13,455