| Management & Financial Consultants (London) Ltd |
| Registered number: |
01842204 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
3,000 |
|
|
- |
| Cash at bank and in hand |
|
|
- |
|
|
2,765 |
|
|
|
3,000 |
|
|
2,765 |
|
| Creditors: amounts falling due within one year |
|
|
(2,881) |
|
|
(11,753) |
|
| Net current assets/(liabilities) |
|
|
|
119 |
|
|
(8,988) |
|
| Net assets/(liabilities) |
|
|
|
119 |
|
|
(8,988) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
19 |
|
|
(9,088) |
|
| Shareholders' funds |
|
|
|
119 |
|
|
(8,988) |
|
|
|
|
|
|
|
|
| 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. |
| The 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. |
|
|
|
| Alex De Silva |
| Director |
| Approved by the board on 21 December 2016 |
|
| Management & Financial Consultants (London) Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 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 January 2015). |
|
|
Turnover |
|
Turnover represents the gross value of work carried out in respect of services provided to customers. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
2,683 |
|
Disposals |
(2,683) |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
2,683 |
|
On disposals |
(2,683) |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Transactions with directors |
|
|
During the year, the director wrote off the loan account balance of £3,720. (2015 - £3,720) |
|
The movements is as follows: |
|
|
|
|
|
£ |
|
|
Opening balance as at 01.04.2015 |
3,730 |
|
Movement |
(3,730) |
|
Closing balance as at 31.03.2016 |
- |
|
|
|
|
|
