Abbreviated Company Accounts - MCIVOR&TEAM LIMITED

Abbreviated Company Accounts - MCIVOR&TEAM LIMITED

MCIVOR&TEAM LIMITED - Company Information

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Registered Number 08200071

MCIVOR&TEAM LIMITED

Abbreviated Accounts

30 September 2015

MCIVOR&TEAM LIMITED Registered Number 08200071

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,448 1,608
1,448 1,608
Current assets
Debtors 2,308 9,324
Cash at bank and in hand 81,505 98,584
83,813 107,908
Creditors: amounts falling due within one year (71,416) (82,687)
Net current assets (liabilities) 12,397 25,221
Total assets less current liabilities 13,845 26,829
Total net assets (liabilities) 13,845 26,829
Capital and reserves
Called up share capital 100 100
Profit and loss account 13,745 26,729
Shareholders' funds 13,845 26,829
  • For the year ending 30 September 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 7 June 2016

And signed on their behalf by:
Bonnie McIvor, Director

MCIVOR&TEAM LIMITED Registered Number 08200071

Notes to the Abbreviated Accounts for the period ended 30 September 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:- Office equipment 20% straight line

2Tangible fixed assets
£
Cost
At 1 October 2014 2,222
Additions 355
Disposals -
Revaluations -
Transfers -
At 30 September 2015 2,577
Depreciation
At 1 October 2014 614
Charge for the year 515
On disposals -
At 30 September 2015 1,129
Net book values
At 30 September 2015 1,448
At 30 September 2014 1,608