THE MUKL PARTNERSHIP LIMITED - Abbreviated accounts

THE MUKL PARTNERSHIP LIMITED - Company Information

Registered number

05684407

THE MUKL PARTNERSHIP LIMITED

ABBREVIATED ACCOUNTS

31 MARCH 2016

THE MUKL PARTNERSHIP LIMITED

ABBREVIATED BALANCE SHEET

as at 31 March 2016
Company Registration No.		05684407


Notes				2016			2015
£					£
Fixed assets
Tangible assets		2		207			337

Current assets
Debtors			143			57,500
Cash at bank and in hand			50,511			46,073
			50,654			103,573

Creditors: amounts falling due within one year			(50,401)			(83,669)

Net current assets				253			19,904

Total assets less current liabilities				460			20,241


Provisions for liabilities				(111)			(111)

Net assets				349			20,130

Capital and reserves
Called up share capital		3		200			200
Profit and loss account				149			19,930

Shareholders' funds				349			20,130

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

Directors' responsibilities:
-	The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-	The directors acknowledge their responsibilities for complying with the requirements of the act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Approved by the board on 19 December 2016

………………………………………
Michael Dugard
Director

THE MUKL PARTNERSHIP 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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

	Fixtures, fittings and equipment			20% straight line


	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					3,664
	At 31 March 2016					3,664

	Depreciation
	At 1 April 2015					3,327
	Charge for the year					130
	At 31 March 2016					3,457

	Net book value
	At 31 March 2016					207
	At 31 March 2015					337


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	"A" Ordinary shares	£1 each		100		100		100
	"B" Ordinary shares	£1 each		100		100		100
						200		200

	"A" and "B" Ordinary shares rank pari passu in all respects.