Abbreviated Company Accounts - MABIL LTD
Abbreviated Company Accounts - MABIL LTD
Registered Number 07481521
MABIL LTD
Abbreviated Accounts
31 March 2014
MABIL LTD Registered Number 07481521
Abbreviated Balance Sheet as at 31 March 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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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
And signed on their behalf by:
MABIL LTD Registered Number 07481521
Notes to the Abbreviated Accounts for the period ended 31 March 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Valuation information and policy
This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.
£ | |
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Cost | |
At 1 April 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2014 |
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Depreciation | |
At 1 April 2013 |
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Charge for the year |
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On disposals |
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At 31 March 2014 |
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Net book values | |
At 31 March 2014 | 1,599,035 |
At 31 March 2013 | 1,599,035 |
3Fixed assets Investments
Aggregate capital and reserves
SWP Hydraulics Limited 2014 - £617,822 (2013 - £333,853)
Moor2Coast Limited 2014 - £0 (2013 - (£32,567))
Profit and (loss) for the year
SWP Hydraulics Limited 2014 - £497,018 (2013 - (£114,958))
Moor2Coast Limited 2014 - £0 (2013 - (£676))
Under the provision of section 248 of the Companies Act 1985 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.
During the previous year Moor 2 Coast Limited ceased to trade. The company was dissolved on 13 October 2013.
2014
£ |
2013
£ |
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Secured Debts |
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Instalment debts due after 5 years |
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