Main Titles Limited - Abbreviated accounts

Registered number

00830562

Main Titles Limited

Abbreviated Accounts

30 June 2014

Main Titles Limited
Registered number:		00830562
Abbreviated Balance Sheet
as at 30 June 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		382			478

Current assets
Debtors		6,283			6,250
Investments held as current assets		712,875			-
Cash at bank and in hand		18,193			811,752
		737,351			818,002

Creditors: amounts falling due within one year		(2,400)			(44,116)

Net current assets			734,951			773,886

Net assets			735,333			774,364

Capital and reserves
Called up share capital	3		5,000			5,000
Profit and loss account			730,333			769,364

Shareholders' funds			735,333			774,364

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M.Martin
Director
Approved by the board on 16 July 2014

Main Titles Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2014

1	Accounting policies

	Basis of preparation
	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
	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.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost or revaluation
	At 1 July 2013					638
	At 30 June 2014					638

	Depreciation
	At 1 July 2013					160
	Charge for the year					96
	At 30 June 2014					256

	Net book value
	At 30 June 2014					382
	At 30 June 2013					478


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		5,000		5,000		5,000


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	M.Martin
	Interest free loan 1st March 2006	5,000		-		-		5,000

		5,000		-		-		5,000