Accounts filed on 30-11-2015

Accounts filed on 30-11-2015

MANSFIELD BUCHANAN LTD - Company Information

Print Friendly Version

MANSFIELD BUCHANAN LTD

Company Registration Number:
05275054 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 December 2014

End date: 30 November 2015

MANSFIELD BUCHANAN LTD

Abbreviated Balance sheet

As at 30 November 2015


Notes
2015
£
2014
£
Fixed assets
Intangible assets: 0
Tangible assets: 2 5,743 6,857
Total fixed assets: 5,743 6,857
Current assets
Debtors: 3 19,017 4,930
Cash at bank and in hand: 46,272 63,330
Total current assets: 65,289 68,260
Creditors: amounts falling due within one year: 4 ( 7,516 ) ( 795 )
Net current assets (liabilities): 57,773 67,465
Total assets less current liabilities: 63,516 74,322
Total net assets (liabilities): 63,516 74,322

The notes form part of these financial statements

MANSFIELD BUCHANAN LTD

Balance sheet continued

As at 30 November 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 5 1,200 1,200
Profit and loss account: 62,316 73,122
Shareholders funds: 63,516 74,322

For the year ending 30 November 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 20 August 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Annalise Elizabeth Cowley
Status: Director

Name: Vanessa Ann Girvan
Status: Director

The notes form part of these financial statements

MANSFIELD BUCHANAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    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 policy

    Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated to write off the cost of the fixed asset, less their estimated residual value, over their expected useful lives on the following basis:
    Motor vehicles - 25% reducing balance
    Office equipment - 25% straight line
    Computer equipment - 25% straight line.

MANSFIELD BUCHANAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 2. Tangible assets

    Total
    Cost £
    01 December 2014: 28,295
    Additions: 600
    Disposals: ( 1,945 )
    Revaluations: 0
    Transfers: 0
    30 November 2015: 26,950
    Depreciation
    01 December 2014: 21,438
    Charge for year: 1,714
    On disposals: ( 1,945 )
    Other adjustments: 0
    30 November 2015: 21,207
    Net book value
    30 November 2015: 5,743
    30 November 2014: 6,857

MANSFIELD BUCHANAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 3. Debtors


    2015
    £
    2014
    £
    Trade debtors: 18,513 2,129
    Prepayments and accrued income: 504
    Other debtors: 2,801
    Total: 19,017 4,930

MANSFIELD BUCHANAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 4. Creditors: amounts falling due within one year


    2015
    £
    2014
    £
    Trade creditors: 3,814
    Taxation and social security: 1,578 606
    Accruals and deferred income: 100 100
    Other creditors: 2,024 89
    Total: 7,516 795

MANSFIELD BUCHANAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,200 1.00 1,200
    Preference shares: 0
    Total share capital (£): 1,200
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,200 1.00 1,200
    Preference shares: 0
    Total share capital (£): 1,200