Abbreviated Company Accounts - MKG (UK) LTD

04120757 MKG (UK) LTD 2015-12-31 false 2015-01-01 2015-12-31 true 04120757 2015-01-01 2015-12-31 04120757 2015-12-31 04120757 2014-12-31 04120757 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04120757 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04120757

MKG (UK) LTD

Abbreviated Accounts

31 December 2015

MKG (UK) LTD Registered Number 04120757

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	207,000	258,750
Tangible assets	3	723,394	747,612
		930,394	1,006,362
Current assets
Stocks		18,554	26,912
Debtors		355,127	209,171
Cash at bank and in hand		305,726	156,155
		679,407	392,238
Creditors: amounts falling due within one year	4	(878,850)	(957,664)
Net current assets (liabilities)		(199,443)	(565,426)
Total assets less current liabilities		730,951	440,936
Provisions for liabilities		(16,306)	(16,306)
Total net assets (liabilities)		714,645	424,630
Capital and reserves
Called up share capital	5	4	4
Profit and loss account		714,641	424,626
Shareholders' funds		714,645	424,630

For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
M K Gangotra, Director

MKG (UK) LTD Registered Number 04120757

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Intangible fixed assets

	£
Cost
At 1 January 2015	532,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	532,500
Amortisation
At 1 January 2015	273,750
Charge for the year	51,750
On disposals	-
At 31 December 2015	325,500
Net book values
At 31 December 2015	207,000
At 31 December 2014	258,750

3Tangible fixed assets

	£
Cost
At 1 January 2015	1,303,004
Additions	56,865
Disposals	(2,000)
Revaluations	-
Transfers	-
At 31 December 2015	1,357,869
Depreciation
At 1 January 2015	555,392
Charge for the year	80,489
On disposals	(1,406)
At 31 December 2015	634,475
Net book values
At 31 December 2015	723,394
At 31 December 2014	747,612

4Creditors

	2015 £	2014 £
Secured Debts	250,926	310,759

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4