McKechnie Leisure & Trading Co. Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01511211

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

FOR

MCKECHNIE LEISURE & TRADING CO. LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

H.C. Furlong

Mrs. E.J. Furlong

SECRETARY:

Mrs. E.J. Furlong

REGISTERED OFFICE:

1 High Street

Thatcham

Newbury

Berks

RG19 3JG

REGISTERED NUMBER:

01511211

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

2

88,308

88,308

CURRENT ASSETS

Debtors

33,970

34,344

Cash at bank

38,032

52,356

72,002

86,700

CREDITORS

Amounts falling due within one year

2,288

11,627

NET CURRENT ASSETS

69,714

75,073

TOTAL ASSETS LESS CURRENT LIABILITIES

158,022

163,381

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

158,020

163,379

SHAREHOLDERS' FUNDS

158,022

163,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 September 2015 and were signed on its behalf by:

H.C. Furlong - Director

Mrs. E.J. Furlong - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

107,741

DEPRECIATION

At 1 June 2014

and 31 May 2015

19,433

NET BOOK VALUE

At 31 May 2015

88,308

At 31 May 2014

88,308

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

2

Ordinary

£1

2

2