Abbreviated Company Accounts - MC ENGINEERING SOLUTIONS LIMITED

MC ENGINEERING SOLUTIONS LIMITED - Company Information

08753285 MC ENGINEERING SOLUTIONS LIMITED 2014-12-31 false 2013-10-29 2014-12-31 true 08753285 2013-10-29 2014-12-31 08753285 2014-12-31 08753285 uk-gaap-cd-bus:Director1 2013-10-29 2014-12-31 08753285 uk-gaap-cd-bus:Director2 2013-10-29 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-29 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-10-29 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 iso4217:GBP shares

Registered Number 08753285

MC ENGINEERING SOLUTIONS LIMITED

Abbreviated Accounts

31 December 2014

MC ENGINEERING SOLUTIONS LIMITED Registered Number 08753285

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	22,934
		22,934
Current assets
Stocks		1,614
Debtors		83,437
Cash at bank and in hand		18,058
		103,109
Creditors: amounts falling due within one year		(114,505)
Net current assets (liabilities)		(11,396)
Total assets less current liabilities		11,538
Provisions for liabilities		(4,500)
Total net assets (liabilities)		7,038
Capital and reserves
Called up share capital	3	100
Profit and loss account		6,938
Shareholders' funds		7,038

For the year ending 31 December 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 27 July 2015

And signed on their behalf by:
M Crome, Director

MC ENGINEERING SOLUTIONS LIMITED Registered Number 08753285

Notes to the Abbreviated Accounts for the period ended 31 December 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
The turnover shown in the Profit & Loss Account represents amounts derived from the provision of goods and services

Other accounting policies
Fixed Assets
All fixed Assets are initially recorded at cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items
Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.
Deferred tax is measured at the average rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis

2Tangible fixed assets

	£
Cost
Additions	27,420
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	27,420
Depreciation
Charge for the year	4,486
On disposals	-
At 31 December 2014	4,486
Net book values
At 31 December 2014	22,934

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

	2014 £
50 A Ordinary shares of £1 each	50
50 B Ordinary shares of £1 each	50