ACCOUNTS - Final Accounts preparation


064948462014-04-06falsetrue2015-04-052015-04-05064948462014-04-062015-04-05064948462015-04-05064948462014-04-0506494846 c:FixturesFittingsToolsEquipment 2014-04-062015-04-0506494846 d:OrdinaryShareClass1 2015-04-0506494846 d:OrdinaryShareClass1 2014-04-0506494846 d:OrdinaryShareClass1 2014-04-062015-04-0506494846 d:Director1 2014-04-062015-04-05xbrli:sharesiso4217:GBP

Registered number: 06494846









MCKIBBIN ASSOCIATES LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2015

 
MCKIBBIN ASSOCIATES LIMITED
REGISTERED NUMBER: 06494846

ABBREVIATED BALANCE SHEET
AS AT 5 APRIL 2015

2015
2014
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
4,348
5,402
 
CURRENT ASSETS





 
Debtors
57,629
46,052

 
Cash at bank

16,294
32,987







 
73,923
79,039
 
CREDITORS: amounts falling due within one year
(32,756)
(41,214)
 
NET CURRENT ASSETS


41,167

37,825
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 45,515

 43,227
  
CAPITAL AND RESERVES

 
Called up share capital
3
1
1
 
Profit and loss account
45,514
43,226
 
SHAREHOLDERS' FUNDS
 

 45,515

 43,227


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 5 April 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 15 December 2015.





M A McKibbin
Director

The notes on page 2 form part of these financial statements.

Page 1

 
MCKIBBIN ASSOCIATES LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings
-
25% reducing balance


2.TANGIBLE FIXED ASSETS



£


Cost 


At 6 April 2014
12,667

Additions
396


At 5 April 2015

13,063



Depreciation


At 6 April 2014
7,265

Charge for the year
1,450


At 5 April 2015

8,715




Net book value


At 5 April 2015
 4,348


At 5 April 2014

 5,402


3.SHARE CAPITAL
        2015
        2014
        £

        £

Allotted, called up and fully paid



1 Ordinary share of £1
 1
 1

Page 2