Abbreviated Company Accounts - M A H STEEL LIMITED

M A H STEEL LIMITED - Company Information

Registered Number 07469612

M A H STEEL LIMITED

Abbreviated Accounts

31 December 2015

M A H STEEL LIMITED Registered Number 07469612

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	109,884	117,964
		109,884	117,964
Current assets
Stocks		13,150	10,950
Debtors		430,872	200,219
Cash at bank and in hand		134,915	72,318
		578,937	283,487
Creditors: amounts falling due within one year		(495,319)	(236,434)
Net current assets (liabilities)		83,618	47,053
Total assets less current liabilities		193,502	165,017
Creditors: amounts falling due after more than one year		(24,544)	(41,869)
Total net assets (liabilities)		168,958	123,148
Capital and reserves
Called up share capital		130	130
Profit and loss account		168,828	123,018
Shareholders' funds		168,958	123,148

For the year ending 31 December 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 4 May 2016

And signed on their behalf by:
Mrc C Mooney, Director

M A H STEEL LIMITED Registered Number 07469612

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

2Tangible fixed assets

	£
Cost
At 1 January 2015	146,819
Additions	18,642
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	165,461
Depreciation
At 1 January 2015	28,855
Charge for the year	26,722
On disposals	-
At 31 December 2015	55,577
Net book values
At 31 December 2015	109,884
At 31 December 2014	117,964