Abbreviated Company Accounts - M. C. LACEY LTD

Registered Number 04472752

M. C. LACEY LTD

Abbreviated Accounts

31 August 2015

M. C. LACEY LTD Registered Number 04472752

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,864	1,005
		5,864	1,005
Current assets
Debtors		34,665	11,500
		34,665	11,500
Creditors: amounts falling due within one year		(29,362)	(12,537)
Net current assets (liabilities)		5,303	(1,037)
Total assets less current liabilities		11,167	(32)
Creditors: amounts falling due after more than one year		(9,566)	(7,363)
Total net assets (liabilities)		1,601	(7,395)
Capital and reserves
Called up share capital		4	4
Profit and loss account		1,597	(7,399)
Shareholders' funds		1,601	(7,395)

For the year ending 31 August 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 20 May 2016

And signed on their behalf by:
M C Lacey, Director

M. C. LACEY LTD Registered Number 04472752

Notes to the Abbreviated Accounts for the period ended 31 August 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 September 2014	4,435
Additions	7,692
Disposals	(500)
Revaluations	-
Transfers	-
At 31 August 2015	11,627
Depreciation
At 1 September 2014	3,430
Charge for the year	2,333
On disposals	-
At 31 August 2015	5,763
Net book values
At 31 August 2015	5,864
At 31 August 2014	1,005