MFG Investments Ltd - Limited company - abbreviated - 11.6

MFG Investments Ltd - Limited company - abbreviated - 11.6

MFG INVESTMENTS LTD - Company Information

Print Friendly Version

08182811 1.9.13 31.3.14 31.3.14 Company accounts Private Limited Company FY true false true false true false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure081828112013-08-31081828112014-03-31081828112013-09-012014-03-31081828112012-08-15081828112012-08-162013-08-31081828112013-08-3108182811ns12:England2013-09-012014-03-3108182811ns14:PoundSterling2013-09-012014-03-3108182811ns7:Director12013-09-012014-03-3108182811ns7:OrdinaryShareClass12013-09-012014-03-3108182811ns7:Director22013-09-012014-03-3108182811ns7:RegisteredOffice2013-09-012014-03-3108182811ns7:EntityAccountantsOrAuditors2013-09-012014-03-3108182811ns5:PlantMachinery2013-09-012014-03-3108182811ns5:MotorVehicles2013-09-012014-03-3108182811ns5:ComputerEquipment2013-09-012014-03-3108182811ns7:OrdinaryShareClass12014-03-3108182811ns7:OrdinaryShareClass12013-08-31
REGISTERED NUMBER: 08182811 (England and Wales)















MFG INVESTMENTS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1 SEPTEMBER 2013 TO 31 MARCH 2014













MFG INVESTMENTS LTD (REGISTERED NUMBER: 08182811)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 SEPTEMBER 2013 TO 31 MARCH 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

MFG INVESTMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2013 TO 31 MARCH 2014







DIRECTORS: M F Grech
Mrs J A Grech





REGISTERED OFFICE: Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD





REGISTERED NUMBER: 08182811 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD
Page 1
MFG INVESTMENTS LTD (REGISTERED NUMBER: 08182811)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 18,384 -

CURRENT ASSETS
Stocks 4,006 -
Debtors 23,582 361,132
Cash at bank 730,110 -
757,698 361,132
CREDITORS
Amounts falling due within one year 757,694 206,093
NET CURRENT ASSETS 4 155,039
TOTAL ASSETS LESS CURRENT
LIABILITIES
18,388
155,039

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 18,288 154,939
SHAREHOLDERS' FUNDS 18,388 155,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 December 2014 and were signed on
its behalf by:





M F Grech - Director


The notes form part of these abbreviated accounts

Page 2
MFG INVESTMENTS LTD (REGISTERED NUMBER: 08182811)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 SEPTEMBER 2013 TO 31 MARCH 2014


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.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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

Investments
The company is a member in Bridgeport Developments LLP and received a profit share of £331,132
from this membership during the period.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 24,259
At 31 March 2014 24,259
DEPRECIATION
Charge for period 5,875
At 31 March 2014 5,875
NET BOOK VALUE
At 31 March 2014 18,384

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Page 3