Abbreviated Company Accounts - M G & P COMPANY LIMITED

M G & P COMPANY LIMITED - Company Information

03900411 M G & P COMPANY LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 03900411 2013-01-01 2013-12-31 03900411 2013-12-31 03900411 2012-12-31 03900411 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03900411 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03900411

M G & P COMPANY LIMITED

Abbreviated Accounts

31 December 2013

M G & P COMPANY LIMITED Registered Number 03900411

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	281,577	281,577
		281,577	281,577
Current assets
Debtors		117,904	117,264
Cash at bank and in hand		300	919
		118,204	118,183
Creditors: amounts falling due within one year		(229,088)	(228,582)
Net current assets (liabilities)		(110,884)	(110,399)
Total assets less current liabilities		170,693	171,178
Creditors: amounts falling due after more than one year		(93,503)	(99,007)
Total net assets (liabilities)		77,190	72,171
Capital and reserves
Called up share capital	3	6	6
Profit and loss account		77,184	72,165
Shareholders' funds		77,190	72,171

For the year ending 31 December 2013 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 22 September 2014

And signed on their behalf by:
P J DENING, Director

M G & P COMPANY LIMITED Registered Number 03900411

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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
Turnover represents rent receivable.

Tangible assets depreciation policy
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

2Tangible fixed assets

	£
Cost
At 1 January 2013	281,577
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	281,577
Depreciation
At 1 January 2013	-
Charge for the year	-
On disposals	-
At 31 December 2013	-
Net book values
At 31 December 2013	281,577
At 31 December 2012	281,577

N/A

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

	2013 £	2012 £
6 Ordinary shares of £1 each	6	6

N/A