Abbreviated Company Accounts - M M CAD SERVICES LTD

Abbreviated Company Accounts - M M CAD SERVICES LTD


Registered Number 06345803

M M CAD SERVICES LTD

Abbreviated Accounts

31 August 2014

M M CAD SERVICES LTD Registered Number 06345803

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 563 510
563 510
Current assets
Debtors - 5,591
Cash at bank and in hand 72,181 75,927
72,181 81,518
Creditors: amounts falling due within one year (45,269) (41,795)
Net current assets (liabilities) 26,912 39,723
Total assets less current liabilities 27,475 40,233
Provisions for liabilities (113) (102)
Total net assets (liabilities) 27,362 40,131
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 27,360 40,129
Shareholders' funds 27,362 40,131
  • For the year ending 31 August 2014 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 25 October 2014

And signed on their behalf by:
Mr M Walls, Director

M M CAD SERVICES LTD Registered Number 06345803

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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
Computer equipment - 33% reducing balance

Other accounting policies
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets
£
Cost
At 1 September 2013 1,060
Additions 330
Disposals -
Revaluations -
Transfers -
At 31 August 2014 1,390
Depreciation
At 1 September 2013 550
Charge for the year 277
On disposals -
At 31 August 2014 827
Net book values
At 31 August 2014 563
At 31 August 2013 510
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2Ordinary shares of £1 each 2 2