Mad Goose Design Limited - Abbreviated accounts

Registered number

08005314

Mad Goose Design Limited

Abbreviated Accounts

31 March 2016

Beasley & Co.

Chartered Accountants

Abbey House

105 Abbey Street

Nuneaton

Warwickshire

CV11 5BX

Mad Goose Design Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Mad Goose Design Limited for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Mad Goose Design Limited for the year ended 31 March 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Beasley & Co.
Chartered Accountants
Abbey House
105 Abbey Street
Nuneaton
Warwickshire
CV11 5BX

5 December 2016

Mad Goose Design Limited
Registered number:		08005314
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		2,142			1,461

Current assets
Debtors		-			3,424
Cash at bank and in hand		2,294			15,013
		2,294			18,437

Creditors: amounts falling due within one year		(4,499)			(10,506)

Net current (liabilities)/assets			(2,205)			7,931

Net (liabilities)/assets			(63)			9,392

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			(163)			9,292

Shareholders' funds			(63)			9,392

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



R L Gooseman
Director
Approved by the board on 5 December 2016

Mad Goose Design Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and equipment			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					2,410
	Additions					1,395
	At 31 March 2016					3,805

	Depreciation
	At 1 April 2015					949
	Charge for the year					714
	At 31 March 2016					1,663

	Net book value
	At 31 March 2016					2,142
	At 31 March 2015					1,461


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100