Abbreviated Company Accounts - M T T EXECUTIVE LIMITED

M T T EXECUTIVE LIMITED - Company Information

06967779 M T T EXECUTIVE LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 06967779 2013-08-01 2014-07-31 06967779 2014-07-31 06967779 2013-07-31 06967779 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 06967779 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director3 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director3 2014-07-31 uk-gaap-cd-bus:Director3 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 06967779

M T T EXECUTIVE LIMITED

Abbreviated Accounts

31 July 2014

M T T EXECUTIVE LIMITED Registered Number 06967779

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	637	849
		637	849
Current assets
Debtors		31,500	468
Investments		185,000	-
Cash at bank and in hand		9,379	192,923
		225,879	193,391
Creditors: amounts falling due within one year		(125,464)	(69,970)
Net current assets (liabilities)		100,415	123,421
Total assets less current liabilities		101,052	124,270
Total net assets (liabilities)		101,052	124,270
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		100,952	124,170
Shareholders' funds		101,052	124,270

For the year ending 31 July 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 17 April 2015

And signed on their behalf by:
Nicholas Walter Hodson, Director

M T T EXECUTIVE LIMITED Registered Number 06967779

Notes to the Abbreviated Accounts for the period ended 31 July 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 total invoice value, excluding VAT, of fees charged during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% reducing balance

Valuation information and policy
Investments
Current asset investments are at the lower of cost and net realisable value.

Other accounting policies
Deferred taxation
Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes, except to the extent that the director considers that a liability to taxation is unlikely to materialise.

2Tangible fixed assets

	£
Cost
At 1 August 2013	2,683
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	2,683
Depreciation
At 1 August 2013	1,834
Charge for the year	212
On disposals	-
At 31 July 2014	2,046
Net book values
At 31 July 2014	637
At 31 July 2013	849

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

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

4Transactions with directors

Name of director receiving advance or credit:	Nicholas Walter Hodson
Description of the transaction:	Director's loan account
Balance at 1 August 2013:	£ 468
Advances or credits made:	-
Advances or credits repaid:	£ 468
Balance at 31 July 2014:	£ 0

Maximum balance in year - £468.