Abbreviated Company Accounts - M29 LTD

07470035 M29 LTD 2014-12-31 false 2014-01-01 2014-12-31 true 07470035 2014-01-01 2014-12-31 07470035 2014-12-31 07470035 2013-12-31 07470035 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07470035 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07470035

M29 LTD

Abbreviated Accounts

31 December 2014

M29 LTD Registered Number 07470035

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	433	591
Investments	3	51	51
		484	642
Current assets
Debtors		288,949	288,949
Cash at bank and in hand		3,502	655
		292,451	289,604
Creditors: amounts falling due within one year		(284,771)	(285,808)
Net current assets (liabilities)		7,680	3,796
Total assets less current liabilities		8,164	4,438
Total net assets (liabilities)		8,164	4,438
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		8,064	4,338
Shareholders' funds		8,164	4,438

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 29 September 2015

And signed on their behalf by:
M Wilson, Director

M29 LTD Registered Number 07470035

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 January 2014	630
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	630
Depreciation
At 1 January 2014	39
Charge for the year	158
On disposals	-
At 31 December 2014	197
Net book values
At 31 December 2014	433
At 31 December 2013	591

3Fixed assets Investments
Investments consist of shares in associated companies as follows:
A holding of 100% of C Ordinary shares in Allison Wold Power Limited whose aggregate capital and reserves and trading results at 28 February 2014 were a deficit of £3191 and a loss of £3291 respectively.
A holding of 50% of the issued Ordinary shares of Boythorpe Wind Energy Limited whose aggregate capital and reserves and trading results as at 28 February 2014 were £48,491 and £48,489 respectively.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100