Abbreviated Company Accounts - LEYLAND (MK) LIMITED

LEYLAND (MK) LIMITED - Company Information

07662750 LEYLAND (MK) LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 07662750 2013-07-01 2014-06-30 07662750 2014-06-30 07662750 2013-06-30 07662750 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 07662750 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 07662750

LEYLAND (MK) LIMITED

Abbreviated Accounts

30 June 2014

LEYLAND (MK) LIMITED Registered Number 07662750

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	1,657,757	1,600,700
		1,657,757	1,600,700
Current assets
Debtors		158,261	63,480
Cash at bank and in hand		1,901	4,334
		160,162	67,814
Creditors: amounts falling due within one year		(601,287)	(284,164)
Net current assets (liabilities)		(441,125)	(216,350)
Total assets less current liabilities		1,216,632	1,384,350
Creditors: amounts falling due after more than one year		(1,420,000)	(1,420,000)
Total net assets (liabilities)		(203,368)	(35,650)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(204,368)	(36,650)
Shareholders' funds		(203,368)	(35,650)

For the year ending 30 June 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 April 2015

And signed on their behalf by:
Mr Bharat Kumar Hirji Thakrar, Director

LEYLAND (MK) LIMITED Registered Number 07662750

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
Going concern
The company incurred a net loss of £167,718 for the year ended 30th June 2014 (Loss of £36,650 in 2013). The financial statements have been prepared on a going concern basis on the assumption that the company director will continue to support the company.

2Fixed assets Investments
Investments

Cost At 1 July 2013 - 1,600,700 Additions 57,057
At 30 June 2014 1,657,757

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000