Abbreviated Company Accounts - MICALEX GOLF LIMITED

MICALEX GOLF LIMITED - Company Information

03228039 MICALEX GOLF LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 03228039 2014-01-01 2014-12-31 03228039 2014-12-31 03228039 2013-12-31 03228039 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03228039 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 03228039

MICALEX GOLF LIMITED

Abbreviated Accounts

31 December 2014

MICALEX GOLF LIMITED Registered Number 03228039

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	1
		-	1
Current assets
Debtors		148,458	148,458
Investments		200	200
		148,658	148,658
Creditors: amounts falling due within one year		(117,416)	(89,394)
Net current assets (liabilities)		31,242	59,264
Total assets less current liabilities		31,242	59,265
Creditors: amounts falling due after more than one year		(25,449)	(48,839)
Total net assets (liabilities)		5,793	10,426
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		5,791	10,424
Shareholders' funds		5,793	10,426

For the year ending 31 December 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 16 September 2015

And signed on their behalf by:
A J YORK, Director

MICALEX GOLF LIMITED Registered Number 03228039

Notes to the Abbreviated Accounts for the period ended 31 December 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
Turnover represents the value of fees earned during the year. Fees earned are recognised when the Company obtains the right to to receive consideration for the services rendered to its clients.

Tangible assets depreciation policy
Depreciation and diminution in value of assets
Tangible fixed assets are stated at cost less depreciation

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 bases:

Plant and Equipment 33% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 January 2014	1,473
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	1,473
Depreciation
At 1 January 2014	1,472
Charge for the year	1
On disposals	-
At 31 December 2014	1,473
Net book values
At 31 December 2014	0
At 31 December 2013	1

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

Ultimate controlling party

The directors, Mr A J York and Mrs M York, control the Company by virtue of owning the whole of the issued share capital equally between them.