| MA3 Design Ltd |
| Registered number: |
08643014 |
| Director's Report |
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| The director presents his report and accounts for the period ended 31 August 2014. |
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| Principal activities |
| The company's principal activity during the year was that of architectural planning and design. |
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| Directors |
| The following person served as a director during the period: |
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|
Moyez Akbar Ali Alwani |
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| Political and charitable donations |
| There were no political and charitable donations during the period under review. |
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| Director's responsibilities |
| The director is responsible for preparing the report and accounts in accordance with applicable law and regulations. |
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| Company law requires the director to prepare accounts for each financial year. Under that law the director has elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the director is required to: |
| ● |
select suitable accounting policies and then apply them consistently; |
| ● |
make judgements and estimates that are reasonable and prudent; |
| ● |
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
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| The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the accounts comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
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| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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| This report was approved by the board on 10 December 2014 and signed on its behalf. |
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| Moyez Alwani |
| Director |
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| MA3 Design Ltd |
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| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of MA3 Design Ltd for the period ended 31 August 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MA3 Design Ltd for the period ended 31 August 2014 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. |
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| N Harris & Co |
| Chartered Accountants |
| 155-157a Clapham High Street |
| Jaybee House |
| London |
| SW4 7SS |
|
| 10 December 2014 |
|
| MA3 Design Ltd |
| Notes to the Accounts |
| for the period from 8 August 2013 to 31 August 2014 |
|
| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
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Turnover |
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Turnover represents work carried out in respect of services provided to customers. |
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Depreciation |
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Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
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Tools and equipment |
25% reducing balance |
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|
| 2 |
Operating profit |
2014 |
|
| £ |
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This is stated after charging: |
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Depreciation of owned fixed assets |
101 |
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|
| 3 |
Taxation |
2014 |
|
| £ |
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UK corporation tax |
14,844 |
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| 4 |
Tangible fixed assets |
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Tools & equipment |
| £ |
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Cost |
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Additions |
405 |
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At 31 August 2014 |
405 |
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Depreciation |
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Charge for the period |
101 |
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At 31 August 2014 |
101 |
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Net book value |
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At 31 August 2014 |
304 |
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| 5 |
Creditors: amounts falling due within one year |
2014 |
|
| £ |
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|
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Corporation tax |
14,844 |
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Other creditors |
1,455 |
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|
16,299 |
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| 6 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
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Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
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| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
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| 7 |
Profit and loss account |
2014 |
| £ |
|
|
Profit for the period |
59,316 |
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Dividends |
(32,725) |
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At 31 August 2014 |
26,591 |
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|
| 8 |
Dividends |
2014 |
|
| £ |
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Dividends for which the company became liable during the period: |
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Dividends paid |
32,725 |
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