Abbreviated Company Accounts - MAAYAN ASSOCIATES LIMITED

MAAYAN ASSOCIATES LIMITED - Company Information

05829064 MAAYAN ASSOCIATES LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 05829064 2013-06-01 2014-05-31 05829064 2014-05-31 05829064 2013-05-31 05829064 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 05829064 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 05829064

MAAYAN ASSOCIATES LIMITED

Abbreviated Accounts

31 May 2014

MAAYAN ASSOCIATES LIMITED Registered Number 05829064

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	268	402
		268	402
Current assets
Debtors		-	1,410
Cash at bank and in hand		1,891	1,687
		1,891	3,097
Creditors: amounts falling due within one year		(12,813)	(9,166)
Net current assets (liabilities)		(10,922)	(6,069)
Total assets less current liabilities		(10,654)	(5,667)
Total net assets (liabilities)		(10,654)	(5,667)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(10,754)	(5,767)
Shareholders' funds		(10,654)	(5,667)

For the year ending 31 May 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 12 January 2015

And signed on their behalf by:
OLUTOYIN AJASA, Director

MAAYAN ASSOCIATES LIMITED Registered Number 05829064

Notes to the Abbreviated Accounts for the period ended 31 May 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.

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

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

Computer equipment - 33% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2013	3,117
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	3,117
Depreciation
At 1 June 2013	2,715
Charge for the year	134
On disposals	-
At 31 May 2014	2,849
Net book values
At 31 May 2014	268
At 31 May 2013	402

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100