Makk Tec Services Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC308431 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2015

FOR

MAKK TEC SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M A Harper

SECRETARY:

Mrs A Harper

REGISTERED OFFICE:

Skelmuir House Steading

Auchnagatt

Ellon

Aberdeenshire

AB41 8XH

REGISTERED NUMBER:

SC308431 (Scotland)

ACCOUNTANTS:

Goldwells Ltd

37 Broad Street

Peterhead

Aberdeenshire

AB42 1JB

FIXED ASSETS

Tangible assets

2

591,334

268,296

CURRENT ASSETS

Stocks

14,987

41,000

Debtors

115,478

524,659

Cash at bank

357,363

483,602

487,828

1,049,261

CREDITORS

Amounts falling due within one year

200,544

573,627

NET CURRENT ASSETS

287,284

475,634

TOTAL ASSETS LESS CURRENT LIABILITIES

878,618

743,930

PROVISIONS FOR LIABILITIES

22,099

10,985

NET ASSETS

856,519

732,945

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

856,509

732,935

SHAREHOLDERS' FUNDS

856,519

732,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22nd February 2016 and were signed by:

M A Harper - 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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

319,813

Additions

362,121

Disposals

(3,000

)

At 30th September 2015

678,934

DEPRECIATION

At 1st October 2014

51,517

Charge for year

36,833

Charge written back

(750

)

At 30th September 2015

87,600

NET BOOK VALUE

At 30th September 2015

591,334

At 30th September 2014

268,296

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

10

Ordinary

£1

10

10