Abbreviated Company Accounts - MMKS LOGISTICS LIMITED
Abbreviated Company Accounts - MMKS LOGISTICS LIMITED
Registered Number 04141908
MMKS LOGISTICS LIMITED
Abbreviated Accounts
31 January 2014
MMKS LOGISTICS LIMITED Registered Number 04141908
Abbreviated Balance Sheet as at 31 January 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 January 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
MMKS LOGISTICS LIMITED Registered Number 04141908
Notes to the Abbreviated Accounts for the period ended 31 January 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment - 25% per annum reducing balancing basis
Other accounting policies
The implementation of FRS 19 Deferred Tax requires a full rather than partial provision for deferred tax. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date and that result in an obligation to pay more tax in the future or tight to pay less tax in the future. An asset is not recognised to the extent that the transfer of economic benefits in future is uncertain.
Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.
£ | |
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Cost | |
At 1 February 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 January 2014 |
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Depreciation | |
At 1 February 2013 |
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Charge for the year |
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On disposals |
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At 31 January 2014 |
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Net book values | |
At 31 January 2014 | 1,006 |
At 31 January 2013 | 1,032 |