Abbreviated Company Accounts - MENDIP (NORTH EAST) LIMITED

MENDIP (NORTH EAST) LIMITED - Company Information

04765307 MENDIP (NORTH EAST) LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 04765307 2013-09-01 2014-08-31 04765307 2014-08-31 04765307 2013-08-31 04765307 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 04765307 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 04765307

MENDIP (NORTH EAST) LIMITED

Abbreviated Accounts

31 August 2014

MENDIP (NORTH EAST) LIMITED Registered Number 04765307

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	498,987	499,698
		498,987	499,698
Current assets
Debtors		114,110	128,110
Investments		164,809	164,809
Cash at bank and in hand		1,692	5,397
		280,611	298,316
Prepayments and accrued income		10,839	-
Creditors: amounts falling due within one year	3	(21,796)	(54,002)
Net current assets (liabilities)		269,654	244,314
Total assets less current liabilities		768,641	744,012
Creditors: amounts falling due after more than one year	3	(654,284)	(652,837)
Accruals and deferred income		(1,589)	(1,370)
Total net assets (liabilities)		112,768	89,805
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		112,668	89,705
Shareholders' funds		112,768	89,805

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 30 May 2015

And signed on their behalf by:
W. McDowell, Director

MENDIP (NORTH EAST) LIMITED Registered Number 04765307

Notes to the Abbreviated Accounts for the period ended 31 August 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 rents received.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:-

Fixtures & fittings - 25% straight line.

2Tangible fixed assets

	£
Cost
At 1 September 2013	509,633
Additions	299
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	509,932
Depreciation
At 1 September 2013	9,935
Charge for the year	1,010
On disposals	-
At 31 August 2014	10,945
Net book values
At 31 August 2014	498,987
At 31 August 2013	499,698

3Creditors

	2014 £	2013 £
Non-instalment debts due after 5 years	478,970	478,962

4Called Up Share Capital
Allotted, called up and fully paid:

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