Abbreviated Company Accounts - PRECEPT MK LTD

06133749 PRECEPT MK LTD 2015-03-31 false 2014-04-01 2015-03-31 true 06133749 2014-04-01 2015-03-31 06133749 2015-03-31 06133749 2014-03-31 06133749 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06133749 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06133749

PRECEPT MK LTD

Abbreviated Accounts

31 March 2015

PRECEPT MK LTD Registered Number 06133749

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	186,528	186,528
		186,528	186,528
Current assets
Debtors		3,224	1,625
Cash at bank and in hand		7,286	4,426
		10,510	6,051
Creditors: amounts falling due within one year		(4,722)	(3,883)
Net current assets (liabilities)		5,788	2,168
Total assets less current liabilities		192,316	188,696
Creditors: amounts falling due after more than one year		(174,098)	(174,466)
Total net assets (liabilities)		18,218	14,230
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		18,118	14,130
Shareholders' funds		18,218	14,230

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 23 December 2015

And signed on their behalf by:
L Rossiter, Director

PRECEPT MK LTD Registered Number 06133749

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.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Plant & machinery 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	186,528
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	186,528
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	186,528
At 31 March 2014	186,528

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100