Registered number: 06088261

MEP Programme Solutions Ltd

Abbreviated accounts

for the year ended 31 March 2014

MEP Programme Solutions Ltd

Contents

• Abbreviated Balance sheet
• Notes to the financial statements

MEP Programme Solutions Ltd

Abbreviated balance sheet

as at 31 March 2014

		2014		2013
	Notes	£	£	£	£
Fixed Assets
Tangible assets			3,754		2,146
Current Asset
Trade Debtors		6,480		6,480
Cash at bank and in hand		41,965		23,200
Other Debtors		1,376		3,363
		49,821		33,043
Creditors: amounts falling due within one year	7	(26,010)		(24,884)
Net current assets			23,811		8,159
Total assets less current liabilities			27,565		10,305
Net assets			27,565		10,305
Capital and reserves
Share Capital			2		2
Profit and loss account			27,563		10,303
Shareholders' funds			27,565		10,305

The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.

MEP Programme Solutions Ltd

Registered number: 06088261

Abbreviated balance sheet (continued)

Directors' statements required by Sections 475(2) and (3)
for the year ended 31 March 2014

In approving these abbreviated accounts as directors of the company we hereby confirm:

(a)	that for the year stated above the company was entitled to the exemption conferred by Section 477 of the Companies Act 2006 ;
(b)	that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an audit be conducted for the year ended 31 March 2014 ; and
(c)	that we acknowledge our responsibilities for:
	(1)	ensuring that the company keeps accounting records which comply with Section 386 ; and
	(2)	preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company.

These abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008) relating to small companies.

The abbreviated accounts were approved by the Board on 29 August 2014 and signed on its behalf by
Guido Mons
Director

MEP Programme Solutions Ltd

Notes to the abbreviated financial statements

for the year ended 31 March 2014

1	Accounting policies
1.1	Basis of preparation The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2	Turnover represents value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
1.3	Tangible fixed assets and depreciation Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
	Motor vehicles	25% straight line
	Equipment, fixtures and fittings	25% straight line
1.4	Stocks Stock is valued at the lower of cost and net realisable value.

4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
		£		£		£
	Cost
	At 1 April 2013	4,082		-		4,082
	Additions	3,151		-		3,151
	At 31 March 2014	7,233		-		7,233
	Depreciation
	At 1 April 2013	1,936		-		1,936
	Charge for the year	1,542		-		1,542
	At 31 March 2014	3,478		-		3,478
	Net book value
	At 31 March 2014	3,755		-		3,755
	At 31 March 2013	2,146		-		2,146

		2014		2013
7	Creditors: amounts falling due within one year	£		£
	Corporation tax	19,413		17,985
	VAT	6,389		5,805
	Director's loan account for Guido Mons	208		693
	Director's loan account for Birgit Simone Mons	-		401
		26,010		24,884

8	Share capital	2014		2013		2014		2013
		No		No		£		£
	Allotted, called up and fully paid:
	Ordinary shares of £ 1 each	2		2		2		2

11	Controlling interest
	The controlling and ultimate controlling party are the shareholders of the company.

12	Going concern
	The directors have reviewed the twelve months ahead and have considered the company's financial position and note no material uncertainties that may cast significant doubt about the ability of it to continue as a going concern.