M P Express Telecom Limited |
Registered number: |
08018245 |
Abbreviated Balance Sheet |
as at 31 March 2016 |
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
4,000 |
|
|
8,000 |
|
Current assets |
Debtors |
|
|
54,333 |
|
|
45,662 |
Cash at bank and in hand |
|
|
13,448 |
|
|
12,750 |
|
|
|
67,781 |
|
|
58,412 |
|
Creditors: amounts falling due within one year |
|
|
(71,324) |
|
|
(66,925) |
|
Net current liabilities |
|
|
|
(3,543) |
|
|
(8,513) |
|
Net assets/(liabilities) |
|
|
|
457 |
|
|
(513) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
456 |
|
|
(514) |
|
Shareholder's funds |
|
|
|
457 |
|
|
(513) |
|
|
|
|
|
|
|
|
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. |
The member has 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. |
|
|
|
Mr Min Zhang |
Director |
Approved by the board on 30 December 2016 |
|
M P Express Telecom 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. |
|
|
Goodwill |
|
Goodwill, being the amount paid in connection with the acquisition of the business in 2012, is being amortised evenly over its estimated useful life of five years. |
|
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
20,000 |
|
At 31 March 2016 |
20,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
12,000 |
|
Provided during the year |
4,000 |
|
At 31 March 2016 |
16,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
4,000 |
|
At 31 March 2015 |
8,000 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|