Abbreviated Company Accounts - MARS CAPITAL MANAGEMENT LIMITED

MARS CAPITAL MANAGEMENT LIMITED - Company Information

06483032 MARS CAPITAL MANAGEMENT LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06483032 2013-04-01 2014-03-31 06483032 2014-03-31 06483032 2013-03-31 06483032 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06483032 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06483032

MARS CAPITAL MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2014

MARS CAPITAL MANAGEMENT LIMITED Registered Number 06483032

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	190,688	10,911
Investments	3	1	1
		190,689	10,912
Current assets
Debtors		2,089,963	257,918
Cash at bank and in hand		628,663	18,989
		2,718,626	276,907
Creditors: amounts falling due within one year		(2,758,487)	(816,484)
Net current assets (liabilities)		(39,861)	(539,577)
Total assets less current liabilities		150,828	(528,665)
Creditors: amounts falling due after more than one year		(250,025)	-
Total net assets (liabilities)		(99,197)	(528,665)
Capital and reserves
Called up share capital	4	100	1
Profit and loss account		(99,297)	(528,666)
Shareholders' funds		(99,197)	(528,665)

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 24 December 2014

And signed on their behalf by:
Matt Gilmour, Director

MARS CAPITAL MANAGEMENT LIMITED Registered Number 06483032

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 April 2013	25,963
Additions	194,256
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	220,219
Depreciation
At 1 April 2013	15,052
Charge for the year	14,479
On disposals	-
At 31 March 2014	29,531
Net book values
At 31 March 2014	190,688
At 31 March 2013	10,911

3Fixed assets Investments
The company holds 100% of the share capital of Mars Capital Collections No1 Limited, which is dormant.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each (1 shares for 2013)	100	1

During the year 99 ordinary shares of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.