Marc Brough Limited - Period Ending 2016-05-31

Marc Brough Limited - Period Ending 2016-05-31


Marc Brough Limited06231880falsetrue2015-01-012016-05-312016-05-31062318802015-01-012016-05-31062318802016-05-3106231880uk-bus:OrdinaryShareClass12016-05-3106231880uk-bus:Director12015-01-012016-05-3106231880uk-bus:OrdinaryShareClass12015-01-012016-05-31062318802014-12-31062318802014-12-3106231880uk-bus:OrdinaryShareClass12014-12-31iso4217:GBPxbrli:shares

Registration number: 06231880

Marc Brough Limited

Unaudited Abbreviated Accounts

for the Period from 1 January 2015 to 31 May 2016

 

 

Marc Brough Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

 

Marc Brough Limited
(Registration number: 06231880)
Abbreviated Balance Sheet at 31 May 2016

 

Note

   

31 May 2016
£

   

31 December 2014
£

 

Current assets

 

   

   

 

Debtors

 

   

735,456

   

823,601

 

Creditors: Amounts falling due within one year

 

   

(224,286)

   

(242,591)

 

Net assets

 

   

511,170

   

581,010

 

Capital and reserves

 

   

   

 

Called up share capital

 

2

   

182

   

182

 

Profit and loss account

 

   

510,988

   

580,828

 

Shareholders' funds

 

   

511,170

   

581,010

 

For the year ending 31 May 2016 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 13 July 2017 and signed on its behalf by:

.........................................
M L Brough
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

 

Marc Brough Limited
Notes to the Abbreviated Accounts for the Period from 1 January 2015 to 31 May 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statement have not been prepared on a going goncern basis. The company ceased to trade in the prior period.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2

Share capital

Allotted, called up and fully paid shares

 

31 May 2016

31 December 2014

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

182

   

182

   

182

   

182

 
                         

3

Related party transactions

Directors' advances and credits

 

1 January 2015 to 31 May 2016

£



 

Year ended 31 December 2014

£



 

M L Brough and R L Brough

Interest free loan

21,363

 

21,363

 
 

         

4

Control

The company is controlled by Staton Young Holdings Limited. The ultimate controling party is the directors..