Mastermind Alliance Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08086024 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Mastermind Alliance Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Carter

REGISTERED OFFICE:

14-16 Churchill Way

Cardiff

CF10 2DX

REGISTERED NUMBER:

08086024 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

CURRENT ASSETS

Debtors

984

-

Cash at bank

-

7,018

984

7,018

CREDITORS

Amounts falling due within one year

481

4,331

NET CURRENT ASSETS

503

2,687

TOTAL ASSETS LESS CURRENT LIABILITIES

503

2,687

CREDITORS

Amounts falling due after more than one year

29,284

17,894

NET LIABILITIES

(28,781

)

(15,207

)

RESERVES

Income and expenditure account

(28,781

)

(15,207

)

(28,781

)

(15,207

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 August 2015 and were signed by:

C Carter - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of goods, excluding value added tax.

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 income and expenditure account on a straight line basis

over the period of the lease.

2.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital.

The liability of the members in the event of the company being liquidated is limited to one pound per member.