REGISTERED NUMBER: NI045351 (Northern Ireland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

M & N Contracts Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J M Neeson

SECRETARY:

Mrs F Neeson

REGISTERED OFFICE:

18 Market Road

Ballymena

BT43 7PA

REGISTERED NUMBER:

NI045351 (Northern Ireland)

ACCOUNTANTS:

J A McNicholl & Company Limited

18 Market Road

Ballymena

BT43 6EL

FIXED ASSETS

Tangible assets

2

17,557

10,423

CURRENT ASSETS

Stocks

3,333

2,845

Debtors

12,965

52,694

Cash at bank

79,043

9,565

95,341

65,104

CREDITORS

Amounts falling due within one year

170,583

166,073

NET CURRENT LIABILITIES

(75,242

)

(100,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(57,685

)

(90,546

)

CREDITORS

Amounts falling due after more than one year

5,811

1,147

NET LIABILITIES

(63,496

)

(91,693

)

CAPITAL AND RESERVES

Called up share capital

3

300

300

Profit and loss account

(63,796

)

(91,993

)

SHAREHOLDERS' FUNDS

(63,496

)

(91,693

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 26 August 2015 and were signed by:

J M Neeson - Director

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 etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

33,389

Additions

11,523

At 31 March 2015

44,912

DEPRECIATION

At 1 April 2014

22,966

Charge for year

4,389

At 31 March 2015

27,355

NET BOOK VALUE

At 31 March 2015

17,557

At 31 March 2014

10,423

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

300

Ordinary

£1

300

300