Abbreviated Company Accounts - MAYLONE LIMITED

04342503 MAYLONE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04342503 2015-04-01 2016-03-31 04342503 2016-03-31 04342503 2015-03-31 04342503 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04342503 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04342503

MAYLONE LIMITED

Abbreviated Accounts

31 March 2016

MAYLONE LIMITED Registered Number 04342503

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	11,121	11,448
		11,121	11,448
Current assets
Cash at bank and in hand		94,332	82,706
		94,332	82,706
Creditors: amounts falling due within one year		(89,845)	(82,330)
Net current assets (liabilities)		4,487	376
Total assets less current liabilities		15,608	11,824
Total net assets (liabilities)		15,608	11,824
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		15,508	11,724
Shareholders' funds		15,608	11,824

For the year ending 31 March 2016 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 10 October 2016

And signed on their behalf by:
TEMUR MIR, Director

MAYLONE LIMITED Registered Number 04342503

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings Reducing balance method 10%

2Tangible fixed assets

	£
Cost
At 1 April 2015	16,935
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	16,935
Depreciation
At 1 April 2015	5,487
Charge for the year	327
On disposals	-
At 31 March 2016	5,814
Net book values
At 31 March 2016	11,121
At 31 March 2015	11,448

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100