M T Coyne Limited - Limited company - abbreviated - 11.9

M T Coyne Limited - Limited company - abbreviated - 11.9

M T COYNE LTD - Company Information

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08371919 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083719192014-03-31083719192015-03-31083719192014-04-012015-03-31083719192013-01-22083719192013-01-232014-03-31083719192014-03-3108371919ns12:England2014-04-012015-03-3108371919ns14:PoundSterling2014-04-012015-03-3108371919ns7:Director12014-04-012015-03-3108371919ns7:OrdinaryShareClass12014-04-012015-03-3108371919ns7:OrdinaryShareClass12015-03-3108371919ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 08371919 (England and Wales)










ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

M T COYNE LIMITED

M T COYNE LIMITED (REGISTERED NUMBER: 08371919)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2015




Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

M T COYNE LIMITED (REGISTERED NUMBER: 08371919)

ABBREVIATED BALANCE SHEET
31 March 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 400,000 500,000

CURRENT ASSETS
Debtors 8,630 24,965
Cash at bank 1,864 -
10,494 24,965
CREDITORS
Amounts falling due within one year 371,129 490,605
NET CURRENT LIABILITIES (360,635 ) (465,640 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
39,365
34,360

CAPITAL AND RESERVES
Called up share capital 3 10 10
Profit and loss account 39,355 34,350
SHAREHOLDERS' FUNDS 39,365 34,360

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 1 December 2015 and were signed by:





M T Coyne - Director


The notes form part of these abbreviated accounts

Page 1
M T COYNE LIMITED (REGISTERED NUMBER: 08371919)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2015

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have been prepared in accordance with applicable accounting standards. The principal accounting
policies adopted in the preparation of the financial statements are set out below.

At the balance sheet date the company had net current liabilities of £360,635 (2014: £465,640), and total net
assets of £39,365 (2014: £34,360). Included in creditors due with one year are directors loans of £338,952. The
directors have expressed their willingness to support the company as necessary and along with the forecasted
future profitable trade the business is considered a going concern. The accounts and financial statements have
therefore been prepared on a going concern basis.

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 comprises the value of sales (net of value added tax) of services provided in the normal course of
business. Revenue is recognised in respect of service contracts when the company obtains the right to
consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of six years.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 600,000
AMORTISATION
At 1 April 2014 100,000
Amortisation for year 100,000
At 31 March 2015 200,000
NET BOOK VALUE

At 31 March 2015 400,000
At 31 March 2014 500,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
10 Ordinary £1 10 10

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