Abbreviated Company Accounts - MMB DYNAMICS LTD

07948842 MMB DYNAMICS LTD 2015-02-28 false 2014-03-01 2015-02-28 true 07948842 2014-03-01 2015-02-28 07948842 2015-02-28 07948842 2014-02-28 07948842 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 07948842 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:Director3 2014-03-01 2015-02-28 uk-gaap-cd-bus:Director3 2015-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 07948842

MMB DYNAMICS LTD

Abbreviated Accounts

28 February 2015

MMB DYNAMICS LTD Registered Number 07948842

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	873	818
		873	818
Current assets
Debtors		5,801	23,465
Cash at bank and in hand		119,898	71,822
		125,699	95,287
Creditors: amounts falling due within one year		(17,113)	(27,000)
Net current assets (liabilities)		108,586	68,287
Total assets less current liabilities		109,459	69,105
Total net assets (liabilities)		109,459	69,105
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		109,458	69,104
Shareholders' funds		109,459	69,105

For the year ending 28 February 2015 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 21 October 2015

And signed on their behalf by:
Mr P Lieberman, Director

MMB DYNAMICS LTD Registered Number 07948842

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 15% straight line
Equipment - 33.33% straight line

Other accounting policies
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets

	£
Cost
At 1 March 2014	1,467
Additions	470
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	1,937
Depreciation
At 1 March 2014	649
Charge for the year	415
On disposals	-
At 28 February 2015	1,064
Net book values
At 28 February 2015	873
At 28 February 2014	818

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	Mr P Lieberman
Description of the transaction:	The following loan to Mr P Lieberman
Balance at 1 March 2014:	£ 369
Advances or credits made:	£ 4,272
Advances or credits repaid:	-
Balance at 28 February 2015:	£ 4,641