Abbreviated Company Accounts - MWG (NORTHWEST) LIMITED

Abbreviated Company Accounts - MWG (NORTHWEST) LIMITED

MWG (NORTHWEST) LIMITED - Company Information

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Registered Number 05991877

MWG (NORTHWEST) LIMITED

Abbreviated Accounts

31 March 2015

MWG (NORTHWEST) LIMITED Registered Number 05991877

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 17,000 17,000
Tangible assets 3 84,488 57,991
101,488 74,991
Current assets
Stocks 2,500 2,500
Debtors 115,320 90,709
Cash at bank and in hand 79,831 92,327
197,651 185,536
Creditors: amounts falling due within one year (132,746) (122,593)
Net current assets (liabilities) 64,905 62,943
Total assets less current liabilities 166,393 137,934
Creditors: amounts falling due after more than one year (27,784) (36,412)
Total net assets (liabilities) 138,609 101,522
Capital and reserves
Called up share capital 2 2
Profit and loss account 138,607 101,520
Shareholders' funds 138,609 101,522
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 November 2015

And signed on their behalf by:
MR A MACKINNON, Director
MR D WELCH, Director

MWG (NORTHWEST) LIMITED Registered Number 05991877

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
SALES ARE INVOICED NET OF VAT

Tangible assets depreciation policy
DEPRECIATION IS CHARGED AT 25%PA PER THE RB METHOD

Intangible assets amortisation policy
GOODWILL IS NOT AMORTISED

2Intangible fixed assets
£
Cost
At 1 April 2014 17,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 17,000
Amortisation
At 1 April 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 17,000
At 31 March 2014 17,000
3Tangible fixed assets
£
Cost
At 1 April 2014 98,241
Additions 49,325
Disposals -
Revaluations -
Transfers -
At 31 March 2015 147,566
Depreciation
At 1 April 2014 40,250
Charge for the year 22,828
On disposals -
At 31 March 2015 63,078
Net book values
At 31 March 2015 84,488
At 31 March 2014 57,991