Abbreviated Company Accounts - MEC (EUROPE) LIMITED

MEC (EUROPE) LIMITED - Company Information

06548098 MEC (EUROPE) LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 06548098 2014-07-01 2015-06-30 06548098 2015-06-30 06548098 2014-06-30 06548098 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 06548098 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-06-30 iso4217:GBP shares

Registered Number 06548098

MEC (EUROPE) LIMITED

Abbreviated Accounts

30 June 2015

MEC (EUROPE) LIMITED Registered Number 06548098

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		2,792	1,939
		2,792	1,939
Creditors: amounts falling due within one year		(458,589)	(478,224)
Net current assets (liabilities)		(455,797)	(476,285)
Total assets less current liabilities		(455,797)	(476,285)
Total net assets (liabilities)		(455,797)	(476,285)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(455,897)	(476,385)
Shareholders' funds		(455,797)	(476,285)

For the year ending 30 June 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 30 March 2016

And signed on their behalf by:
AJ Bradshaw, Director

MEC (EUROPE) LIMITED Registered Number 06548098

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

Going concern
The accounts have been prepared on a going concern basis which assumes the continued support of the connected company.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
15 A Ordinary shares of £1 each	15	15
85 B Ordinary shares of £1 each	85	85