Abbreviated Company Accounts - MAD 4 FITNESS LIMITED

Abbreviated Company Accounts - MAD 4 FITNESS LIMITED

MAD 4 FITNESS LIMITED - Company Information

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Registered Number 06481225

MAD 4 FITNESS LIMITED

Abbreviated Accounts

31 January 2015

MAD 4 FITNESS LIMITED Registered Number 06481225

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 79,188 13,796
79,188 13,796
Current assets
Debtors 15,812 10,254
Cash at bank and in hand 14,444 45,819
30,256 56,073
Creditors: amounts falling due within one year (54,089) (68,954)
Net current assets (liabilities) (23,833) (12,881)
Total assets less current liabilities 55,355 915
Creditors: amounts falling due after more than one year (51,300) -
Total net assets (liabilities) 4,055 915
Capital and reserves
Called up share capital 200 200
Profit and loss account 3,855 715
Shareholders' funds 4,055 915
  • For the year ending 31 January 2015 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 October 2015

And signed on their behalf by:
Mrs A Scorgie, Director

MAD 4 FITNESS LIMITED Registered Number 06481225

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 shown in the profit and loss account represent amounts invoiced during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Plant and machinery Straight line over 3 years
Computer equipment Straight line over 3 years
Fixtures, fittings & equipment Straight line over 10 years

2Tangible fixed assets
£
Cost
At 1 February 2014 28,258
Additions 76,450
Disposals (13,546)
Revaluations -
Transfers -
At 31 January 2015 91,162
Depreciation
At 1 February 2014 14,462
Charge for the year 11,058
On disposals (13,546)
At 31 January 2015 11,974
Net book values
At 31 January 2015 79,188
At 31 January 2014 13,796