M & M Building and Decorating Ltd - Abbreviated accounts 16.1
M & M Building and Decorating Ltd - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Accounts |
for the Period 27 November 2014 to 30 November 2015 |
for |
M & M Building and Decorating Ltd |
M & M Building and Decorating Ltd (Registered number: 09331171) |
Contents of the Abbreviated Accounts |
for the Period 27 November 2014 to 30 November 2015 |
Page |
Abbreviated Balance Sheet | 1 |
Notes to the Abbreviated Accounts | 3 |
M & M Building and Decorating Ltd (Registered number: 09331171) |
Abbreviated Balance Sheet |
30 November 2015 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
M & M Building and Decorating Ltd (Registered number: 09331171) |
Abbreviated Balance Sheet - continued |
30 November 2015 |
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 financial statements were approved by the director on |
M & M Building and Decorating Ltd (Registered number: 09331171) |
Notes to the Abbreviated Accounts |
for the Period 27 November 2014 to 30 November 2015 |
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 January 2015). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Plant and machinery etc | - |
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. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 30 November 2015 |
AMORTISATION |
Amortisation for period |
At 30 November 2015 |
NET BOOK VALUE |
At 30 November 2015 |
M & M Building and Decorating Ltd (Registered number: 09331171) |
Notes to the Abbreviated Accounts - continued |
for the Period 27 November 2014 to 30 November 2015 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 30 November 2015 |
DEPRECIATION |
Charge for period |
At 30 November 2015 |
NET BOOK VALUE |
At 30 November 2015 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1.00 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 30 November 2015: |
£ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of period |
The above amount owed to the company by the director is disclosed within debtors in the balance sheet. |
The advances made to the director in the year had no fixed repayment terms and were repayable on demand. |
Interest was charged on advances greater than £10,000 at HM Revenue and Custom's official rate of interest for |
relevant periods. |