Abbreviated Company Accounts - MRL CONSULTING GROUP LIMITED

MRL CONSULTING GROUP LIMITED - Company Information

Registered Number 03359812

MRL CONSULTING GROUP LIMITED

Abbreviated Accounts

31 December 2015

MRL CONSULTING GROUP LIMITED Registered Number 03359812

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	7,875	15,960
Investments	3	231,740	231,736
		239,615	247,696
Current assets
Debtors		944,453	807,222
Cash at bank and in hand		23,343	91,247
		967,796	898,469
Creditors: amounts falling due within one year		(926,285)	(860,322)
Net current assets (liabilities)		41,511	38,147
Total assets less current liabilities		281,126	285,843
Total net assets (liabilities)		281,126	285,843
Capital and reserves
Called up share capital		300	300
Share premium account		198,109	198,109
Other reserves		10	10
Profit and loss account		82,707	87,424
Shareholders' funds		281,126	285,843

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 31 October 2016

And signed on their behalf by:
David Stone, Director

MRL CONSULTING GROUP LIMITED Registered Number 03359812

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.
The company is the parent undertaking of a small group as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

Turnover policy
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value added Tax and trade discounts. Income is recognised on the start date of the candidate or other service.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write-off the cost of fixed assets, less their estimated residual value, over their expected useful lives - in all cases 33% straight line.

Other accounting policies
The financial statements have been prepared on a going concern basis.
Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Exchange gains and losses are recognised in the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2015	307,484
Additions	2,835
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	310,319
Depreciation
At 1 January 2015	291,524
Charge for the year	10,920
On disposals	-
At 31 December 2015	302,444
Net book values
At 31 December 2015	7,875
At 31 December 2014	15,960

3Fixed assets Investments
Investments held as fixed assets are shown at cost less provision for impairment.

The following were 100% subsidiary undertakings of the company.
Microscape Property Limited
Microscape Employee Trustee Company Limited
MRL Consulting GmbH
MRL Consulting SARL
MRL Consulting Group Pte Ltd
MRL Contracting and Interim Solutions Limited
MRL V Limited
Enartec Limited

There is also a 20% investment in Energy Search Collective Limited.