M Yates Ltd,Ltd - Accounts
M Yates Ltd,Ltd - Accounts
For the year ended 30 November 2015
England and Wales
Registered Number: 05290288
2
Contents Page |
M Yates Ltd
For the year ended 30 November 2015
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
M Yates Ltd
Accountant's Report
For the year ended 30 November 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
ended 30 November 2015 and you consider that the company is exempt from an audit under the Companies Act |
2006. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Vatax Accounting Ltd
65 Moor End
Edlesborough
Bedfordshire
LU6 2FL
20 April 2016
Dated: |
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4
Abbreviated Balance Sheet |
M Yates Ltd
As at |
Registered Number : |
£ |
£ |
2015
Notes |
2014
Fixed assets |
Tangible assets |
2
Current assets |
Cash at bank and in hand |
Creditors: amounts falling due within one year |
(14,147 )
(10,271 )
(9,226 )
(6,378 )
Net current liabilities
Total assets less current liabilities |
Creditors: amounts falling due after more than one year |
(12,378 )
Net assets/liabilities
(5,092 )
Capital and reserves |
Called up share capital |
Profit and loss account |
(5,094 )
(5,092 )
Shareholders funds
Date approved by the board: |
Signed on behalf of the board of directors |
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5
Notes to the Abbreviated Financial Statements |
M Yates Ltd
For the year ended 30 November 2015
1 Accounting Policies |
Basis of accounting |
Going Concern |
Turnover |
Operating lease rentals |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges |
Dividends |
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
by the shareholders prior to the balance sheet date. |
Tangible fixed assets |
Plant and Machinery
Motor Vehicles
Assets on finance lease and hire purchase |
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
and depreciated over the shorter of the lease term and their estimated expected useful lives. |
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
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6
Notes to the Abbreviated Financial Statements |
M Yates Ltd
For the year ended 30 November 2015
2 Tangible fixed assets |
Tangible fixed |
assets |
Cost or valuation |
£ |
At 01 December 2014 |
At 30 November 2015 |
Depreciation |
At 01 December 2014 |
Charge for year
At 30 November 2015 |
Net book values |
At 30 November 2015 |
At 30 November 2014 |
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