Mann McGowan Installations Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04041632 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Mann McGowan Installations Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J A Scott

R McGowan Mann

R A Smith

REGISTERED OFFICE:

Ashcombe Court

Woolsack Way

Godalming

Surrey

GU7 1LQ

REGISTERED NUMBER:

04041632 (England and Wales)

ACCOUNTANTS:

Roffe Swayne

Chartered Accountants

Ashcombe Court

Woolsack Way

Godalming

Surrey

GU7 1LQ

FIXED ASSETS

Tangible assets

2

165

610

CURRENT ASSETS

Stocks

1,913

1,915

Debtors

148,039

195,247

Cash at bank

21,783

35,725

171,735

232,887

CREDITORS

Amounts falling due within one year

14,957

76,160

NET CURRENT ASSETS

156,778

156,727

TOTAL ASSETS LESS CURRENT
LIABILITIES

156,943

157,337

PROVISIONS FOR LIABILITIES

-

122

NET ASSETS

156,943

157,215

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

156,843

157,115

SHAREHOLDERS' FUNDS

156,943

157,215

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 28 September 2016 and were signed on
its behalf by:

J A Scott - 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 January 2015).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Office Equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

3,716

DEPRECIATION

At 1 January 2015

3,106

Charge for year

445

At 31 December 2015

3,551

NET BOOK VALUE

At 31 December 2015

165

At 31 December 2014

610

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary shares

£1

100

4.	ULTIMATE PARENT COMPANY

Mann McGowan Group Limited is regarded by the directors as being the company's ultimate parent

company.