Mega Ace Consultancy (UK) Limited - Limited company accounts - abridged 11.9

REGISTERED NUMBER: 04913682 (England and Wales)

Mega Ace Consultancy (UK) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2015

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

DIRECTOR:

Professor P Kumar

SECRETARY:

REGISTERED OFFICE:

237 Kennington Lane

London

SE11 5QU

REGISTERED NUMBER:

04913682 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

237 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the director and members in respect of

the company's annual unaudited financial statements. In accordance with the Companies Act 2006,

the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss

Account and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Mega Ace Consultancy (UK) Limited for the year ended 31 March 2015

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Mega Ace Consultancy (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mega Ace Consultancy (UK) Limited and state those matters that we have agreed to state to the director of Mega Ace Consultancy (UK) Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Mega Ace Consultancy (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mega Ace Consultancy (UK) Limited. You consider that Mega Ace Consultancy (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mega Ace

Consultancy (UK) Limited. For this reason, we have not verified the accuracy or completeness of the

accounting records or information and explanations you have given to us and we do not, therefore, express

any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

237 Kennington Lane

London

SE11 5QU

24 November 2015

FIXED ASSETS

340

510

CURRENT ASSETS

16,310

17,650

CREDITORS

Amounts falling due within one year

(33,767

)

(31,252

)

NET CURRENT LIABILITIES

(17,457

)

(13,602

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,117

)

(13,092

)

CAPITAL AND RESERVES

(17,117

)

(13,092

)

NOTES TO THE FINANCIAL STATEMENTS

1.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

2015

2014

£

£

Professor P Kumar

Balance outstanding at start of year

(30,652

)

(25,708

)

Amounts repaid

(2,515

)

(4,944

)

Balance outstanding at end of year

(33,167

)

(30,652

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered 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 22 November 2015 and were signed by:

Professor P Kumar - Director