Abbreviated Company Accounts - M H FINANCIAL MANAGEMENT LIMITED

M H FINANCIAL MANAGEMENT LIMITED - Company Information

04238413 M H FINANCIAL MANAGEMENT LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 04238413 2013-01-01 2013-12-31 04238413 2013-12-31 04238413 2012-12-31 04238413 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04238413 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:Director3 2012-12-31 iso4217:GBP shares

Registered Number 04238413

M H FINANCIAL MANAGEMENT LIMITED

Abbreviated Accounts

31 December 2013

M H FINANCIAL MANAGEMENT LIMITED Registered Number 04238413

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,920	1,837
		1,920	1,837
Current assets
Debtors		289,749	206,725
Cash at bank and in hand		477	1,665
		290,226	208,390
Creditors: amounts falling due within one year		(91,841)	(52,110)
Net current assets (liabilities)		198,385	156,280
Total assets less current liabilities		200,305	158,117
Total net assets (liabilities)		200,305	158,117
Capital and reserves
Called up share capital		2	2
Profit and loss account		200,303	158,115
Shareholders' funds		200,305	158,117

For the year ending 31 December 2013 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 24 September 2014

And signed on their behalf by:
M Holderness, Director

M H FINANCIAL MANAGEMENT LIMITED Registered Number 04238413

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	16,978
Additions	724
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	17,702
Depreciation
At 1 January 2013	15,141
Charge for the year	641
On disposals	-
At 31 December 2013	15,782
Net book values
At 31 December 2013	1,920
At 31 December 2012	1,837

3Transactions with directors

Name of director receiving advance or credit:	M Holderness
Description of the transaction:	Loan
Balance at 1 January 2013:	£ 190,969
Advances or credits made:	£ 63,846
Advances or credits repaid:	-
Balance at 31 December 2013:	£ 254,815