Abbreviated Company Accounts - MAVEN ASSOCIATES LTD

MAVEN ASSOCIATES LTD - Company Information

Registered Number 04697171

MAVEN ASSOCIATES LTD

Abbreviated Accounts

31 August 2015

MAVEN ASSOCIATES LTD Registered Number 04697171

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,230	1,921
		1,230	1,921
Current assets
Debtors		16,247	20,527
Cash at bank and in hand		137,287	101,081
		153,534	121,608
Creditors: amounts falling due within one year		(23,133)	(20,606)
Net current assets (liabilities)		130,401	101,002
Total assets less current liabilities		131,631	102,923
Total net assets (liabilities)		131,631	102,923
Capital and reserves
Called up share capital		102	102
Profit and loss account		131,529	102,821
Shareholders' funds		131,631	102,923

For the year ending 31 August 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 4 March 2016

And signed on their behalf by:
Mr M P Beeston, Director

MAVEN ASSOCIATES LTD Registered Number 04697171

Notes to the Abbreviated Accounts for the period ended 31 August 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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 50% reducing balance
Fixtures and fittings 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	21,249
Additions	399
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	21,648
Depreciation
At 1 September 2014	19,328
Charge for the year	1,090
On disposals	-
At 31 August 2015	20,418
Net book values
At 31 August 2015	1,230
At 31 August 2014	1,921