Managed Response Marketing Limited - Abbreviated accounts 16.1
Managed Response Marketing Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 January 2016 |
| for |
| Managed Response Marketing Limited |
| Managed Response Marketing Limited (Registered number: SC221952) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 January 2016 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 3 |
| Managed Response Marketing Limited (Registered number: SC221952) |
| Abbreviated Balance Sheet |
| 31 January 2016 |
| 31.1.16 | 31.1.15 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| Managed Response Marketing Limited (Registered number: SC221952) |
| Abbreviated Balance Sheet - continued |
| 31 January 2016 |
| 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 financial statements were approved by the Board of Directors on |
| Managed Response Marketing Limited (Registered number: SC221952) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 January 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared under applicable law and United Kingdom Accounting Standards |
| (United Kingdom Generally Accepted Accounting Practice) and in accordance with the Financial Reporting |
| Standard for Smaller Entities (effective April 2008). |
| 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 January 2015). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| The turnover show in the profit and loss represents amounts receivable during the year, exclusive of Value |
| Added Tax from providing printing services. |
| Tangible fixed assets and depreciation |
| Depreciation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the |
| useful economic life of that asset as follows: |
| Plant & Machinery - 20% Straight Line |
| Fixtures & Fittings - 20% Straight Line |
| Computer Equipment - 33.33% Straight Line |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. Cost is represented by purchase price. |
| Deferred tax |
| 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 that result in an obligation to pay more or a right to pay less tax in the |
| future have occurred by the balance sheet date with certain limited exceptions. |
| Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in the periods in |
| which the timing differences are expected to reverse, based on tax rates and laws enacted or substantively |
| enacted at the balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair |
| value, and are depreciated in accordance with the above depreciation policies. |
| Future instalments payable under such agreements, net of finance charges, are included within creditors. Rentals |
| payable are apportioned between the capital element, which reduces the outstanding obligation included within |
| creditors, and the finance element, which is charge to the profit and loss on a straight line basis. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Managed Response Marketing Limited (Registered number: SC221952) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 January 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2015 |
| Additions |
| At 31 January 2016 |
| DEPRECIATION |
| At 1 February 2015 |
| Charge for year |
| At 31 January 2016 |
| NET BOOK VALUE |
| At 31 January 2016 |
| At 31 January 2015 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.1.16 | 31.1.15 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 100 | 100 |