M C Creative & Production Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03727771 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

M C CREATIVE & PRODUCTION LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M G Cerulli

Mrs T Cerulli

SECRETARY:

Mrs T Cerulli

REGISTERED OFFICE:

2nd Floor

Abbey Rose House

181 High Street

Ongar

Essex

CM5 9JG

REGISTERED NUMBER:

03727771 (England and Wales)

ACCOUNTANTS:

Alexandra Anthony Limited

47 Church Street

Great Baddow

Chelmsford

Essex

CM2 7JA

FIXED ASSETS

Intangible assets

2

4,000

4,500

CURRENT ASSETS

Debtors

137,352

119,019

Cash at bank and in hand

1,004

2,640

138,356

121,659

CREDITORS

Amounts falling due within one year

103,888

90,690

NET CURRENT ASSETS

34,468

30,969

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,468

35,469

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

38,368

35,369

SHAREHOLDERS' FUNDS

38,468

35,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 15 November 2016 and were signed on its behalf
by:

M G Cerulli - Director

Mrs T Cerulli - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

10,000

AMORTISATION

At 1 May 2015

5,500

Amortisation for year

500

At 30 April 2016

6,000

NET BOOK VALUE

At 30 April 2016

4,000

At 30 April 2015

4,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

100

Ordinary

£1

100