Abbreviated Company Accounts - MARK DURY TELECOMMUNICATIONS LIMITED

Abbreviated Company Accounts - MARK DURY TELECOMMUNICATIONS LIMITED

MARK DURY TELECOMMUNICATIONS LIMITED - Company Information

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Registered Number 03768222

MARK DURY TELECOMMUNICATIONS LIMITED

Abbreviated Accounts

31 May 2014

MARK DURY TELECOMMUNICATIONS LIMITED Registered Number 03768222

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 21,549 25,859
Tangible assets 3 697 1,395
22,246 27,254
Current assets
Cash at bank and in hand - 2,201
- 2,201
Creditors: amounts falling due within one year (864) (1,128)
Net current assets (liabilities) (864) 1,073
Total assets less current liabilities 21,382 28,327
Creditors: amounts falling due after more than one year (21,919) (30,507)
Total net assets (liabilities) (537) (2,180)
Capital and reserves
Called up share capital 200 200
Profit and loss account (737) (2,380)
Shareholders' funds (537) (2,180)
  • 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 27 February 2015

And signed on their behalf by:
John D Ward, Director

MARK DURY TELECOMMUNICATIONS LIMITED Registered Number 03768222

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers

Tangible assets depreciation policy
Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalments over its estimated economic life of 12 years, following the impairment review in 2007.

2Intangible fixed assets
£
Cost
At 1 June 2013 73,884
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 73,884
Amortisation
At 1 June 2013 48,025
Charge for the year 4,310
On disposals -
At 31 May 2014 52,335
Net book values
At 31 May 2014 21,549
At 31 May 2013 25,859
3Tangible fixed assets
£
Cost
At 1 June 2013 3,489
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 3,489
Depreciation
At 1 June 2013 2,094
Charge for the year 698
On disposals -
At 31 May 2014 2,792
Net book values
At 31 May 2014 697
At 31 May 2013 1,395