Abbreviated Company Accounts - LADIES MAC NAB CHALLENGE LTD

Abbreviated Company Accounts - LADIES MAC NAB CHALLENGE LTD


Registered Number 08426868

LADIES MAC NAB CHALLENGE LTD

Abbreviated Accounts

31 March 2014

LADIES MAC NAB CHALLENGE LTD Registered Number 08426868

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 1,217
1,217
Creditors: amounts falling due within one year (2,440)
Net current assets (liabilities) (2,440)
Total assets less current liabilities (1,223)
Total net assets (liabilities) (1,223)
Capital and reserves
Called up share capital 3 1
Profit and loss account (1,224)
Shareholders' funds (1,223)
  • For the year ending 31 March 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 3 December 2014

And signed on their behalf by:
Mrs L Boedts, Director

LADIES MAC NAB CHALLENGE LTD Registered Number 08426868

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 April 2008).

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery - 20% reducing balance

2Tangible fixed assets
£
Cost
Additions 1,521
Disposals -
Revaluations -
Transfers -
At 31 March 2014 1,521
Depreciation
Charge for the year 304
On disposals -
At 31 March 2014 304
Net book values
At 31 March 2014 1,217
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1 Ordinary shares of £1 each 1

The one share issued is an ordinary share of nominal value £1, for which £1 consideration was received.