Mayforte Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07894701 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Mayforte Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Mayer

REGISTERED OFFICE:

Little Grove, Cross Colwood Lane

Bolney

Haywards Heath

Sussex

RH17 5RY

REGISTERED NUMBER:

07894701 (England and Wales)

ACCOUNTANTS:

John Jenkins & Co

Seal Lodge

Simms Lane

Mortimer

Reading

RG7 2JP

FIXED ASSETS

Investments

2

490,223

320,223

CURRENT ASSETS

Cash at bank

644

187

CREDITORS

Amounts falling due within one year

426,488

326,988

NET CURRENT LIABILITIES

(425,844

)

(326,801

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

64,379

(6,578

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

64,377

(6,580

)

SHAREHOLDERS' FUNDS

64,379

(6,578

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 2 December 2016 and were signed by:

P Mayer - 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).

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

320,223

Additions

170,000

At 31 March 2016

490,223

NET BOOK VALUE

At 31 March 2016

490,223

At 31 March 2015

320,223

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Associated company

Oxford Hydrotechnics Limited

Nature of business: Provision of services to the construction industry

%

Class of shares:

holding

Ordinary

50.00

Preference

50.00

31.3.16

31.3.15

£

Aggregate capital and reserves

1,292,364

903,824

Profit for the year

685,540

335,015

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

1

2

4.	RELATED PARTY DISCLOSURES

P Mayer

The director of the company.

During the period Mr Mayer made loans amounting to £99,500 (2015 : £323,481) to the company.

31.3.16

31.3.15

£

Amount due to related party at the balance sheet date

426,488

326,988