Mayfield Business Intelligence Limited - Period Ending 2015-09-30

Registration number: 05944079

Mayfield Business Intelligence Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

Mayfield Business Intelligence Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Mayfield Business Intelligence Limited
(Registration number: 05944079)
Abbreviated Balance Sheet at 30 September 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					1,005			1,064
Current assets
Debtors					12,145			13,465
Cash at bank and in hand					118,686			89,193
					130,831			102,658
Creditors: Amounts falling due within one year					(22,658)			(24,925)
Net current assets					108,173			77,733
Net assets					109,178			78,797
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					109,078			78,697
Shareholders' funds					109,178			78,797

For the year ending 30 September 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 director acknowledges his 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 director on 20 October 2015

.........................................
Mr Nilesh Kumar Dalubhai Patel
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Mayfield Business Intelligence Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33.33% on cost
Fixtures and fittings	33.33% on cost

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2014		2,120			2,120
Additions		641			641
At 30 September 2015		2,761			2,761
Depreciation
At 1 October 2014		1,056			1,056
Charge for the year		700			700
At 30 September 2015		1,756			1,756
Net book value
At 30 September 2015		1,005			1,005
At 30 September 2014		1,064			1,064

Page 2

Mayfield Business Intelligence Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 3