MACH ASSOCIATES LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 03689459 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

MACH ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Hodge

SECRETARY:

REGISTERED OFFICE:

Kent Innovation Centre

Millenium Way

Broadstairs

Kent

CT10 2QQ

REGISTERED NUMBER:

03689459 (England and Wales)

ACCOUNTANTS:

F F Leach & Co

Kestrel House

111 Heath Road

Twickenham

Middlesex

TW1 4AH

CURRENT ASSETS

Debtors

32,052

43,587

CREDITORS

Amounts falling due within one year

24,274

36,432

NET CURRENT ASSETS

7,778

7,155

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,778

7,155

CAPITAL AND RESERVES

Called up share capital

3

90

Share premium

6,990

Profit and loss account

698

75

SHAREHOLDERS' FUNDS

7,778

7,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 8 December 2016 and were signed by:

B Hodge - 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 January 2015).

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

-

33% on cost and 25% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

13,890

DEPRECIATION

At 1 April 2015

and 31 March 2016

13,890

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

90

Ordinary shares

1

90

During the year, the company purchased and cancelled 10 ordinary £1 shares