MPL Home Improvement Services (Lincs Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07796311 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

MPL Home Improvement Services (Lincs Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs M Lakey

M Lakey

SECRETARY:

REGISTERED OFFICE:

Eventus Business Centre

Northfields Ind Est

Sunderland Road

Market Deeping

Lincolnshire

PE6 8FD

REGISTERED NUMBER:

07796311 (England and Wales)

ACCOUNTANTS:

Maynard Golden Ltd

Eventus Business Centre

Northfields Ind Est

Sunderland Road

Market Deeping

Lincolnshire

PE6 8FD

FIXED ASSETS

Tangible assets

2

10,510

8,190

CURRENT ASSETS

Debtors

11,841

7,920

Cash at bank and in hand

21,871

13,124

33,712

21,044

CREDITORS

Amounts falling due within one year

19,844

16,643

NET CURRENT ASSETS

13,868

4,401

TOTAL ASSETS LESS CURRENT LIABILITIES

24,378

12,591

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

24,278

12,491

SHAREHOLDERS' FUNDS

24,378

12,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 March 2016 and were signed on its behalf by:

M Lakey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

14,780

Additions

3,958

At 31 October 2015

18,738

DEPRECIATION

At 1 November 2014

6,590

Charge for year

1,638

At 31 October 2015

8,228

NET BOOK VALUE

At 31 October 2015

10,510

At 31 October 2014

8,190

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

100

Ordinary

£1

100

100