MRA Refurbishments Limited - Abbreviated accounts

Registered number

06542503

MRA Refurbishments Limited

Abbreviated Accounts for the year ended

31 March 2016

MRA Refurbishments Limited
Registered number:		06542503
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		4,079			5,099

Current assets
Debtors		10,735			16,353
Cash at bank and in hand		9,688			288
		20,423			16,641

Creditors: amounts falling due within one year		(1,731)			(3,055)

Net current assets			18,692			13,586

Net assets			22,771			18,685

Capital and reserves
Called up share capital	3		10			10
Share premium			19,998			19,998
Profit and loss account			2,763			(1,323)

Shareholders' funds			22,771			18,685

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.



M R Aheer
Director
Approved by the board on 17 December 2016

MRA Refurbishments 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 January 2015).

	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 machinery			20% 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					9,959
	At 31 March 2016					9,959

	Depreciation
	At 1 April 2015					4,860
	Charge for the year					1,020
	At 31 March 2016					5,880

	Net book value
	At 31 March 2016					4,079
	At 31 March 2015					5,099


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		10		10		10