Abbreviated Company Accounts - M. A. DESIGN PRODUCTS LTD

M. A. DESIGN PRODUCTS LTD - Company Information

08388358 M. A. DESIGN PRODUCTS LTD 2016-03-31 false 2015-04-01 2016-03-31 true 08388358 2015-04-01 2016-03-31 08388358 2016-03-31 08388358 2015-03-31 08388358 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08388358 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08388358

M. A. DESIGN PRODUCTS LTD

Abbreviated Accounts

31 March 2016

M. A. DESIGN PRODUCTS LTD Registered Number 08388358

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,257	4,979
		4,257	4,979
Current assets
Stocks		20,191	-
Debtors		76,709	76,332
Cash at bank and in hand		133	72,540
		97,033	148,872
Creditors: amounts falling due within one year		(100,233)	(151,956)
Net current assets (liabilities)		(3,200)	(3,084)
Total assets less current liabilities		1,057	1,895
Total net assets (liabilities)		1,057	1,895
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		957	1,795
Shareholders' funds		1,057	1,895

For the year ending 31 March 2016 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 23 December 2016

And signed on their behalf by:
Mr M J Allen, Director

M. A. DESIGN PRODUCTS LTD Registered Number 08388358

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 25% reducing balance per annum

Other accounting policies
Compliance with accounting standards:
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 April 2015	7,174
Additions	697
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	7,871
Depreciation
At 1 April 2015	2,195
Charge for the year	1,419
On disposals	-
At 31 March 2016	3,614
Net book values
At 31 March 2016	4,257
At 31 March 2015	4,979

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr M J Allen
Description of the transaction:	Directors loan
Balance at 1 April 2015:	£ 0
Advances or credits made:	£ 129,932
Advances or credits repaid:	£ 99,990
Balance at 31 March 2016:	£ 29,942