MN Systems and Design Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05055270 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

MN SYSTEMS AND DESIGN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M Howarth

REGISTERED OFFICE:

10 Rowan Drive

Milton Keynes

Buckinghamshire

MK19 7AH

BUSINESS ADDRESS:

10 Rowan Drive

Haversham

Milton Keynes

Buckinghamshire

MK19 7AH

REGISTERED NUMBER:

05055270 (England and Wales)

ACCOUNTANTS:

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

FIXED ASSETS

Tangible assets

2

3,144

2,222

CURRENT ASSETS

Debtors

10,842

-

Cash at bank

32,551

34,419

43,393

34,419

CREDITORS

Amounts falling due within one year

44,284

33,118

NET CURRENT (LIABILITIES)/ASSETS

(891

)

1,301

TOTAL ASSETS LESS CURRENT LIABILITIES

2,253

3,523

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

2,252

3,522

SHAREHOLDERS' FUNDS

2,253

3,523

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 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 2 December 2015 and were signed by:

Mr M Howarth - 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 the net invoiced sales of services, excluding value added tax, and after adjustment for the movement

in work in progress.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

8,245

Additions

1,970

At 31 March 2015

10,215

DEPRECIATION

At 1 April 2014

6,023

Charge for year

1,048

At 31 March 2015

7,071

NET BOOK VALUE

At 31 March 2015

3,144

At 31 March 2014

2,222

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1

Ordinary

£1

1

1