M D One Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06892821 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

M D ONE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Hoyle

M A Lee

REGISTERED OFFICE:

The Round House

Hall Bower Lane

Huddersfield

West Yorkshire

HD4 6RN

REGISTERED NUMBER:

06892821 (England and Wales)

ACCOUNTANTS:

Brosnans

Chartered Accountants

Birkby House

Bailiff Bridge

Brighouse

West Yorkshire

HD6 4JJ

CURRENT ASSETS

Stocks

6,034,510

7,217,994

Debtors

18,652

58,916

Cash at bank

763,574

55,352

6,816,736

7,332,262

CREDITORS

Amounts falling due within one year

6,666,176

7,233,663

NET CURRENT ASSETS

150,560

98,599

TOTAL ASSETS LESS CURRENT LIABILITIES

150,560

98,599

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

150,460

98,499

SHAREHOLDERS' FUNDS

150,560

98,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 2 September 2014 and were signed on its behalf by:

D Hoyle - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making

due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100