Mardel Scott Group Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07011605 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

MARDEL SCOTT GROUP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P J Mardel

W Scott

M Scott

REGISTERED OFFICE:

Unit A1, Basepoint Business & Innovation

Centre, 110 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

REGISTERED NUMBER:

07011605 (England and Wales)

FIXED ASSETS

Investments

2

1,573,504

1,666,032

CURRENT ASSETS

Debtors

12,997

32,478

Cash at bank and in hand

205,740

176,575

218,737

209,053

CREDITORS

Amounts falling due within one year

154,093

335,860

NET CURRENT ASSETS/(LIABILITIES)

64,644

(126,807

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,638,148

1,539,225

CREDITORS

Amounts falling due after more than one year

563,000

599,001

NET ASSETS

1,075,148

940,224

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

1,075,145

940,221

SHAREHOLDERS' FUNDS

1,075,148

940,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 29 September 2015 and were signed on its behalf by:

P J Mardel - 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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

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

balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

1,666,032

Impairments

(92,528

)

At 31 December 2014

1,573,504

NET BOOK VALUE

At 31 December 2014

1,573,504

At 31 December 2013

1,666,032

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Liberty Bishop Contractor Services Ltd

Nature of business: Accountancy and administration services

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

382,642

358,617

Profit for the year

24,026

86,160

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

3

Ordinary

£1

3

3