Manor Ground Services (NI) Ltd,Ltd - Accounts

Manor Ground Services (NI) Ltd,Ltd - Accounts

MANOR GROUND SERVICES (NI) LIMITED - Company Information

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2014-04-01 true false Private Limited Company NI611791 2015-03-31 NI611791 2014-04-01 2015-03-31 NI611791 2014-03-31 NI611791 2013-04-01 2014-03-31 NI611791 uk-bus:Director1 2014-04-01 2015-03-31 NI611791 uk-gaap:PlantMachinery 2014-04-01 2015-03-31 NI611791 uk-gaap:MotorCars 2014-04-01 2015-03-31 iso4217:GBP
Manor Ground Services (NI) Ltd
For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
Northern Ireland
Registered Number: NI611791
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Contents Page
Manor Ground Services (NI) Ltd
For the year ended 31 March 2015
1
Accountants' Report
2
Balance Sheet
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Notes to the Abbreviated Financial Statements
3
Accountants' Report
For the year ended 31 March 2015
Manor Ground Services (NI) Ltd
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of
Manor Ground Services (NI) Ltd for the year ended 31 March 2015 which comprise the Profit and Loss Account, the Balance
Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising firm of the Institute of Chartered Accountants in Ireland, we are subject to its ethical and other professional
requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the Board of Directors of Manor Ground Services (NI) Ltd, as a body, in accordance with the
terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of
Manor Ground Services (NI) Ltd and state those matters that we have agreed to state to the Board of Directors of Manor
Ground Services (NI) Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered
Accountants in Ireland and as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than Manor Ground Services (NI) Ltd and its Board of Directors as a body for
our work or for this report.
It is your duty to ensure that Manor Ground Services (NI) Ltd has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities, financial position and profit of Manor Ground Services (NI)
Ltd. You consider that Manor Ground Services (NI) Ltd is exempt from the statutory audit requirement for the year.
Sinead Mullan FCA
21 Waterfoot Road
Magherafelt
BT45 6LF
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4
Abbreviated Balance Sheet
Manor Ground Services (NI) Ltd
As at 31 March 2015
NI611791
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
91,714
29,747
91,714
29,747
Current assets
Debtors
40,002
68,531
Cash at bank and in hand
1,030
-
69,561
40,002
Creditors: amounts falling due within one year
(37,146)
(57,172)
2,856
12,389
Net current assets
Total assets less current liabilities
104,103
32,603
Creditors: amounts falling due after more than one year
(20,195)
(48,417)
55,686
Net assets
12,408
Capital and reserves
Called up share capital
10
10
Profit and loss account
55,676
12,398
55,686
12,408
Shareholders funds
For the 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 responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 28 November 2015
Martin Scullion Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
For the year ended 31 March 2015
Manor Ground Services (NI) Ltd
1 Accounting Policies
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Straight line
Motor Vehicles
25% Reducing balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of
ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the
shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
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6
Notes to the Abbreviated Financial Statements
For the year ended 31 March 2015
Manor Ground Services (NI) Ltd
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
39,663
At 01 April 2014
85,875
Additions
At 31 March 2015
125,538
Depreciation
9,916
At 01 April 2014
23,908
Charge for year
33,824
At 31 March 2015
Net book values
At 31 March 2015
91,714
29,747
At 31 March 2014
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