Abbreviated Company Accounts - MV HAULAGE (SUSSEX) LIMITED

Abbreviated Company Accounts - MV HAULAGE (SUSSEX) LIMITED

MV HAULAGE (SUSSEX) LIMITED - Company Information

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Registered Number 09033213

MV HAULAGE (SUSSEX) LIMITED

Abbreviated Accounts

31 May 2015

MV HAULAGE (SUSSEX) LIMITED Registered Number 09033213

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015
£
Fixed assets
Tangible assets 2 70,634
70,634
Current assets
Debtors 30,811
Cash at bank and in hand 44,661
75,472
Creditors: amounts falling due within one year (62,349)
Net current assets (liabilities) 13,123
Total assets less current liabilities 83,757
Creditors: amounts falling due after more than one year (40,173)
Total net assets (liabilities) 43,584
Capital and reserves
Called up share capital 1
Profit and loss account 43,583
Shareholders' funds 43,584
  • For the year ending 31 May 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 11 August 2015

And signed on their behalf by:
M Verbeeten, Director

MV HAULAGE (SUSSEX) LIMITED Registered Number 09033213

Notes to the Abbreviated Accounts for the period ended 31 May 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 January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets
£
Cost
Additions 88,292
Disposals -
Revaluations -
Transfers -
At 31 May 2015 88,292
Depreciation
Charge for the year 17,658
On disposals -
At 31 May 2015 17,658
Net book values
At 31 May 2015 70,634