MD Haulage Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04654405 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 MAY 2015 TO 30 JUNE 2015

FOR

MD HAULAGE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M Di Maria

SECRETARY:

Mrs M Di Maria

REGISTERED OFFICE:

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

REGISTERED NUMBER:

04654405 (England and Wales)

ACCOUNTANTS:

Meades & Company Limited

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

FIXED ASSETS

Intangible assets

2

25,280

25,280

CURRENT ASSETS

Debtors

4,760

2,052

Cash at bank

16,611

8,236

21,371

10,288

CREDITORS

Amounts falling due within one year

15,401

11,442

NET CURRENT ASSETS/(LIABILITIES)

5,970

(1,154

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,250

24,126

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

31,248

24,124

SHAREHOLDERS' FUNDS

31,250

24,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 17 November 2015 and were signed by:

Mr M Di Maria - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents amounts receivable for haulage contracting during the period,

excluding value added tax.

Goodwill

On 3rd February 2003, the director sold his unincorporated business to the company.

This transaction gave rise to a goodwill balance of £63,200.

The director has decided to amortise the goodwill over a period of 20 years from the date

of acquisition, on a straight line basis. He considers this time period to be an accurate

reflection of the useful economic life of the asset.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 June 2015

63,200

AMORTISATION

At 1 May 2015

and 30 June 2015

37,920

NET BOOK VALUE

At 30 June 2015

25,280

At 30 April 2015

25,280

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2015

value:

£

£

2

Ordinary

£1

2

2

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Di Maria.