Abbreviated Company Accounts - MR TAX (MIDLANDS) LTD

MR TAX (MIDLANDS) LTD - Company Information

05467994 MR TAX (MIDLANDS) LTD 2015-07-31 false 2014-08-01 2015-07-31 true 05467994 2014-08-01 2015-07-31 05467994 2015-07-31 05467994 2014-07-31 05467994 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 05467994 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 05467994

MR TAX (MIDLANDS) LTD

Abbreviated Accounts

31 July 2015

MR TAX (MIDLANDS) LTD Registered Number 05467994

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	793	1,057
		793	1,057
Current assets
Debtors		28,090	19,986
Cash at bank and in hand		15,640	18,259
		43,730	38,245
Creditors: amounts falling due within one year		(4,390)	(9,941)
Net current assets (liabilities)		39,340	28,304
Total assets less current liabilities		40,133	29,361
Provisions for liabilities		(158)	(206)
Total net assets (liabilities)		39,975	29,155
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		39,972	29,152
Shareholders' funds		39,975	29,155

For the year ending 31 July 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 29 April 2016

And signed on their behalf by:
I A Osman, Director

MR TAX (MIDLANDS) LTD Registered Number 05467994

Notes to the Abbreviated Accounts for the period ended 31 July 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 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.

Office equipment 25% reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 August 2014	5,082
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	5,082
Depreciation
At 1 August 2014	4,025
Charge for the year	264
On disposals	-
At 31 July 2015	4,289
Net book values
At 31 July 2015	793
At 31 July 2014	1,057

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

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3