Abbreviated Company Accounts - MDMENTORS LIMITED

06787875 MDMENTORS LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 06787875 2014-02-01 2015-01-31 06787875 2015-01-31 06787875 2014-01-31 06787875 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 06787875 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2015-01-31 uk-gaap-cd-bus:Director3 2014-01-31 iso4217:GBP shares

Registered Number 06787875

MDMENTORS LIMITED

Abbreviated Accounts

31 January 2015

MDMENTORS LIMITED Registered Number 06787875

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	6,333	8,333
		6,333	8,333
Current assets
Debtors		1,243	8,489
Cash at bank and in hand		3,010	2,420
		4,253	10,909
Creditors: amounts falling due within one year		(25,939)	(33,711)
Net current assets (liabilities)		(21,686)	(22,802)
Total assets less current liabilities		(15,353)	(14,469)
Total net assets (liabilities)		(15,353)	(14,469)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(15,354)	(14,470)
Shareholders' funds		(15,353)	(14,469)

For the year ending 31 January 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 28 October 2015

And signed on their behalf by:
Mr R H Wilson, Director

MDMENTORS LIMITED Registered Number 06787875

Notes to the Abbreviated Accounts for the period ended 31 January 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
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and Loss account over its estimated economic life.

Other accounting policies
Going Concern:

The company is reliant on the support of its director and shareholder who has confirmed that this support will not be withdrawn in the foreseeable future. On this basis, the director has adopted to prepare the accounts on the going concern basis.

2Intangible fixed assets

	£
Cost
At 1 February 2014	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	10,000
Amortisation
At 1 February 2014	1,667
Charge for the year	2,000
On disposals	-
At 31 January 2015	3,667
Net book values
At 31 January 2015	6,333
At 31 January 2014	8,333

3Transactions with directors

Name of director receiving advance or credit:	Mr R H Wilson
Description of the transaction:	Loan to Company
Balance at 1 February 2014:	£ 31,377
Advances or credits made:	£ 0
Advances or credits repaid:	£ 8,178
Balance at 31 January 2015:	£ 23,199