ACCOUNTS - Final Accounts preparation


01964482 2013-01-01 false true 2013-12-312013-12-31 01964482 2013-01-01 2013-12-31 01964482 2013-12-31 01964482 2012-12-31 01964482 c:MotorVehicles 2013-01-01 2013-12-31 01964482 c:FixturesFittingsToolsEquipment 2013-01-01 2013-12-31 01964482 d:OrdinaryShareClass1 2013-12-31 01964482 d:OrdinaryShareClass1 2012-12-31 01964482 d:OrdinaryShareClass1 2013-01-01 2013-12-31 01964482 d:Director1 2013-01-01 2013-12-31 01964482 c:OfficeEquipment 2013-01-01 2013-12-31 01964482 c:PlantMachinery 2013-01-01 2013-12-31 xbrli:shares iso4217:GBP

Registered number: 01964482









MAILING & MECHANISATION (UK) LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013


 

MAILING & MECHANISATION (UK) LIMITED
REGISTERED NUMBER: 01964482

ABBREVIATED BALANCE SHEET
AS AT 31 DECEMBER 2013


2013
2012


Note
£
£
£
£
 
FIXED ASSETS






 
Tangible assets
 
2

6,498

8,297
 
CURRENT ASSETS





 
Stocks
134,497

124,887

 
Debtors
73,380

38,452

 
Cash at bank and in hand

81,014

37,416







 
288,891

200,755

 
CREDITORS: amounts falling due within one year
(191,005)

(148,490)

 
NET CURRENT ASSETS


97,886

52,265
 
TOTAL ASSETS LESS CURRENT LIABILITIES
104,384

60,562
 
CREDITORS: amounts falling due after more than one year

(1,457)

(3,956)

NET ASSETS




 102,927


 56,606
  
CAPITAL AND RESERVES





 
Called up share capital
3

26,500

26,500
 
Profit and loss account

76,427

30,106
 
SHAREHOLDERS' FUNDS
 


 102,927


 56,606


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2013 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 7 August 2014.




D M Kolb
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


 

MAILING & MECHANISATION (UK) LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013

1.ACCOUNTING POLICIES


1.1
Basis of preparation of financial statements



The full financial statements, from which these abbreviated accounts have been extracted, 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



Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.


1.3
Tangible fixed assets and depreciation




Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:







Plant & machinery
-
15% Straight line




Motor vehicles
-
20% Straight line




Fixtures & fittings
-
10% Straight line




Office equipment
-
20% Straight line

1.4
Deferred taxation



Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.





2.TANGIBLE FIXED ASSETS



£


Cost 




At 1 January 2013 and 31 December 2013

107,722




Depreciation



At 1 January 2013
99,425

Charge for the year
1,799


At 31 December 2013

101,224




Net book value



At 31 December 2013
 6,498


At 31 December 2012

 8,297

Page 2


 

MAILING & MECHANISATION (UK) LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013

3.SHARE CAPITAL




        2013
        2012



        £

        £



Allotted, called up and fully paid









26,500 Ordinary shares of £1 each
 26,500
 26,500

Page 3