Abbreviated Company Accounts - MCIVOR&TEAM LIMITED

Abbreviated Company Accounts - MCIVOR&TEAM LIMITED

MCIVOR&TEAM LIMITED - Company Information

Print Friendly Version

Registered Number 08200071

MCIVOR&TEAM LIMITED

Abbreviated Accounts

30 September 2014

MCIVOR&TEAM LIMITED Registered Number 08200071

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,608 680
1,608 680
Current assets
Debtors 9,324 14,521
Cash at bank and in hand 98,584 36,063
107,908 50,584
Creditors: amounts falling due within one year (82,687) (49,301)
Net current assets (liabilities) 25,221 1,283
Total assets less current liabilities 26,829 1,963
Total net assets (liabilities) 26,829 1,963
Capital and reserves
Called up share capital 100 100
Profit and loss account 26,729 1,863
Shareholders' funds 26,829 1,963
  • For the year ending 30 September 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 24 June 2015

And signed on their behalf by:
Bonnie McIvor, Director

MCIVOR&TEAM LIMITED Registered Number 08200071

Notes to the Abbreviated Accounts for the period ended 30 September 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 amount chargeable net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Office equipment 20% straight line

2Tangible fixed assets
£
Cost
At 1 October 2013 850
Additions 1,372
Disposals -
Revaluations -
Transfers -
At 30 September 2014 2,222
Depreciation
At 1 October 2013 170
Charge for the year 444
On disposals -
At 30 September 2014 614
Net book values
At 30 September 2014 1,608
At 30 September 2013 680