MML Technology Limited - Limited company - abbreviated - 11.0.0

MML Technology Limited - Limited company - abbreviated - 11.0.0


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MML TECHNOLOGY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013






MML TECHNOLOGY LIMITED (REGISTERED NUMBER: 07881927)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

MML TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2013







DIRECTOR: I. Goodacre





SECRETARY: Mrs. M. A. Goodacre





REGISTERED OFFICE: Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS





REGISTERED NUMBER: 07881927 (England and Wales)





ACCOUNTANTS: Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS

MML TECHNOLOGY LIMITED (REGISTERED NUMBER: 07881927)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 6,000 8,000
Tangible assets 3 1,722 1,241
7,722 9,241

CURRENT ASSETS
Cash at bank 7,192 7,675

CREDITORS
Amounts falling due within one year 17,333 24,917
NET CURRENT LIABILITIES (10,141 ) (17,242 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,419 ) (8,001 )

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account (2,519 ) (8,101 )
SHAREHOLDERS' FUNDS (2,419 ) (8,001 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394
and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 31 July 2014 and were signed by:





I. Goodacre - Director


MML TECHNOLOGY LIMITED (REGISTERED NUMBER: 07881927)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013
and 31 December 2013 10,000
AMORTISATION
At 1 January 2013 2,000
Amortisation for year 2,000
At 31 December 2013 4,000
NET BOOK VALUE

At 31 December 2013 6,000
At 31 December 2012 8,000

MML TECHNOLOGY LIMITED (REGISTERED NUMBER: 07881927)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2013


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013 1,268
Additions 1,055
At 31 December 2013 2,323
DEPRECIATION
At 1 January 2013 27
Charge for year 574
At 31 December 2013 601
NET BOOK VALUE
At 31 December 2013 1,722
At 31 December 2012 1,241

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100 ordinary £1.00 100 100