Abbreviated Company Accounts - MICHIGAN INDUSTRIES LIMITED

MICHIGAN INDUSTRIES LIMITED - Company Information

02150270 MICHIGAN INDUSTRIES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 02150270 2014-01-01 2014-12-31 02150270 2014-12-31 02150270 2013-12-31 02150270 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 02150270 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 02150270

MICHIGAN INDUSTRIES LIMITED

Abbreviated Accounts

31 December 2014

MICHIGAN INDUSTRIES LIMITED Registered Number 02150270

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	340,248	340,248
		340,248	340,248
Current assets
Debtors		37,227	104,036
Cash at bank and in hand		-	903
		37,227	104,939
Creditors: amounts falling due within one year		-	(67,712)
Net current assets (liabilities)		37,227	37,227
Total assets less current liabilities		377,475	377,475
Total net assets (liabilities)		377,475	377,475
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		377,375	377,375
Shareholders' funds		377,475	377,475

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 29 September 2015

And signed on their behalf by:
Philip George Walton, Director

MICHIGAN INDUSTRIES LIMITED Registered Number 02150270

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.

Other accounting policies
Investments
Fixed asset investments are stated at cost.

Investment Details
Subsidiary Undertaking: 2014 - £340,248, 2013 - £340,248

The company has invested £340,248 in Atlantis Management LLP in which Michigan Industries Limited is a member. The investment is stated at cost.

2Fixed assets Investments
Cost at 01/01/2014 £340,248
Cost at 31/12/2014 £340,248

Net Book Values at 31/12/2014 £340,248
Net Book Values at 31/12/2013 £340,248

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100