Abbreviated Company Accounts - MCS (WIRRAL) LIMITED

MCS (WIRRAL) LIMITED - Company Information

Registered Number 05900429

MCS (WIRRAL) LIMITED

Abbreviated Accounts

31 August 2014

MCS (WIRRAL) LIMITED Registered Number 05900429

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	1,678	1,445
Investments		-	-
		1,678	1,445
Current assets
Stocks		-	-
Debtors		4,626	3,435
Investments		-	-
Cash at bank and in hand		514	21
		5,140	3,456
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(1,308)	(1,361)
Net current assets (liabilities)		3,832	2,095
Total assets less current liabilities		5,510	3,540
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		5,510	3,540
Capital and reserves
Called up share capital		2	2
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		5,508	3,538
Shareholders' funds		5,510	3,540

For the year ending 31 August 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 21 May 2015

And signed on their behalf by:
P R Warburton, Director

MCS (WIRRAL) LIMITED Registered Number 05900429

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc - 33% on cost and 15% on reducing balance

Other accounting policies
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 September 2013	16,617
Additions	871
Disposals	0
Revaluations	0
Transfers	0
At 31 August 2014	17,488
Depreciation
At 1 September 2013	15,172
Charge for the year	638
On disposals	0
At 31 August 2014	15,810
Net book values
At 31 August 2014	1,678
At 31 August 2013	1,445