MFL LIMITED Accounts filed on 05-04-2014

MFL LIMITED Accounts filed on 05-04-2014


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MFL LIMITED




Company Registration Number:
03368476 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 06th April 2013

End date: 05th April 2014

SUBMITTED

MFL LIMITED

Company Information
for the Period Ended
05th April 2014




Director: Christopher Ian Piff
Julia Mary Piff
Company secretary: Christopher Ian Piff
Registered office: The Hawthorns
Ruett Lane, Farrington Gurney
Bristol
BS39 6UP
Company Registration Number: 03368476 (England and Wales)

MFL LIMITED

Abbreviated Balance sheet
As at 05th April 2014

Notes 2014
£
2013
£
Fixed assets
Intangible assets: 2 61,077 56,826
Tangible assets: 3 115,608 12,078
Total fixed assets: 176,685 68,904
Current assets
Cash at bank and in hand: - 79,052
Total current assets: - 79,052
Creditors
Creditors: amounts falling due within one year 62,708 13,743
Net current assets (liabilities): ( 62,708 ) 65,309
Total assets less current liabilities: 113,977 134,213
Total net assets (liabilities): 113,977 134,213

The notes form part of these financial statements

MFL LIMITED

Abbreviated Balance sheet
As at 05th April 2014
continued

Notes 2014
£
2013
£
Capital and reserves
Called up share capital: 4 2 2
Revaluation reserve: ( 18,523 ) ( 21,754 )
Profit and Loss account: 132,498 155,965
Total shareholders funds: 113,977 134,213

For the year ending 5 April 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 10 September 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: Christopher Ian Piff
Status: Director

The notes form part of these financial statements

MFL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
05th April 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of VAT.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost.

MFL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
05th April 2014

  • 2. Intangible assets

    Total
    Cost £
    At 06th April 2013: 56,826
    Additions: 4,251
    61,077
    Net book value £
    At 05th April 2014: 61,077
    At 05th April 2013: 56,826

MFL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
05th April 2014

  • 3. Tangible assets

    Total
    Cost £
    At 06th April 2013: 12,078
    Additions: 103,530
    At 05th April 2014: 115,608
    Net book value
    At 05th April 2014: 115,608
    At 05th April 2013: 12,078

MFL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
05th April 2014

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2