METIER-MCD_LIMITED - Accounts

METIER-MCD LIMITED - Company Information

Print Friendly Version

METIER-MCD LIMITED

(TRADING AS PB COACHING)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Company Registration No. 05959058 (England and Wales)

METIER-MCD LIMITED

(TRADING AS PB COACHING)

COMPANY INFORMATION

Directors

David Marsh

Christopher Wacey

Company number

05959058

Registered office

1 Redwing Court

Ashton Road

Romford

RM3 8QQ

Accountants

Naylor Wintersgill Limited

Carlton House

Grammar School Street

Bradford

BD1 4NS

Business address

3 Albion Place

Leeds

LS1 6JL

Bankers

HSBC Bank PLC

91 High Street

Brentwood

Essex

CM14 4RU

METIER-MCD LIMITED

(TRADING AS PB COACHING)

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

METIER-MCD LIMITED

(TRADING AS PB COACHING)

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

12,198

Tangible assets

7,944

7,539

7,944

19,737

Current assets

Debtors

280,820

170,690

Cash at bank and in hand

58,188

27,325

339,008

198,015

Creditors: amounts falling due within one year

(444,099)

(326,251)

Net current liabilities

(105,091)

(128,236)

Total assets less current liabilities

(97,147)

(108,499)

Capital and reserves

Called up share capital

100

Share premium account

159,980

Profit and loss account

(257,227)

(268,579)

Shareholders' funds

(97,147)

(108,499)

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.

Directors' 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 directors acknowledge their 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 26 November 2015

David Marsh

Director

Company Registration No. 05959058

METIER-MCD LIMITED

(TRADING AS PB COACHING)

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

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Intellectual property rights

Intellectual property rights are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

1.6

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:

Fixtures, fittings & equipment

14% and 20% straight line

1.7

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.8

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

METIER-MCD LIMITED

(TRADING AS PB COACHING)

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2014

638,000

254,793

892,793

Additions

2,950

At 31 March 2015

638,000

257,743

895,743

Depreciation

At 1 April 2014

625,802

247,254

873,056

Charge for the year

12,198

2,545

14,743

At 31 March 2015

638,000

249,799

887,799

Net book value

At 31 March 2015

7,944

At 31 March 2014

12,198

7,539

19,737

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100