MAMMONE_ASSOCIATES_LTD - Accounts

MAMMONE ASSOCIATES LTD - Company Information

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Company Registration No. 06556435 (England and Wales)

MAMMONE ASSOCIATES LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

MAMMONE ASSOCIATES LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MAMMONE ASSOCIATES LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

298

Current assets

Cash at bank and in hand

1,553

8,146

Creditors: amounts falling due within one year

(150)

(157)

Net current assets

1,403

7,989

Total assets less current liabilities

1,486

8,287

Capital and reserves

Called up share capital

Profit and loss account

1,484

8,285

Shareholders' funds

1,486

8,287

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 10 December 2015

Mr M Mammone

Director

Company Registration No. 06556435

MAMMONE ASSOCIATES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% straight line basis

Fixtures, fittings & equipment

25% straight line basis

Fixed assets

Tangible assets

Cost

At 1 April 2014 & at 31 March 2015

1,758

Depreciation

At 1 April 2014

1,459

Charge for the year

216

At 31 March 2015

1,675

Net book value

At 31 March 2015

At 31 March 2014

298

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary of £1 each