MACKINTOSH_CARSTAIRS_SOLU - Accounts

MACKINTOSH CARSTAIRS SOLUTIONS LIMITED - Company Information

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Company Registration No. 09831726 (England and Wales)

MACKINTOSH CARSTAIRS SOLUTIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2016

MACKINTOSH CARSTAIRS SOLUTIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

MACKINTOSH CARSTAIRS SOLUTIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

281

Current assets

Debtors

540

Cash at bank and in hand

50,424

50,964

Creditors: amounts falling due within one year

(26,502)

Net current assets

24,462

Total assets less current liabilities

24,743

Capital and reserves

Called up share capital

100

Profit and loss account

24,643

Shareholders' funds

24,743

For the financial period ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 5 September 2016

Mr M R Curnyn

Director

Company Registration No. 09831726

MACKINTOSH CARSTAIRS SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The director is not aware of any material uncertainties affecting the company and considers that the company will have sufficient resources to continue trading for the foreseeable future. As a result the director has continued to adopt the going concern basis in preparing the financial statements.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% reducing balance

Fixed assets

Tangible assets

Cost

At 19 October 2015

Additions

301

At 31 July 2016

301

Depreciation

At 19 October 2015

Charge for the period

At 31 July 2016

Net book value

At 31 July 2016

281

MACKINTOSH CARSTAIRS SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 JULY 2016

- 3 -

Share capital

2016

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Related party relationships and transactions

Loan from the director

Transactions in relation to loans with the director during the period are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr M R Curnyn - Director loan account

39,730

37,662

2,068

39,730

37,662

2,068