Meadplan Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03769400

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

MEADPLAN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr M Tuckett

SECRETARY:

Mrs J Tuckett

REGISTERED OFFICE:

Wood End

Kingswood Lane

Kingswood

Buckinghamshire

HP18 0RH

REGISTERED NUMBER:

03769400

ACCOUNTANTS:

GKP (Ampthill) Limited

Chartered Accountants

First Floor

5 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

FIXED ASSETS

Tangible assets

2

3,604

1,673

CURRENT ASSETS

Debtors

29,959

15,873

Cash at bank

65,480

134,083

95,439

149,956

CREDITORS

Amounts falling due within one year

4,439

28,197

NET CURRENT ASSETS

91,000

121,759

TOTAL ASSETS LESS CURRENT
LIABILITIES

94,604

123,432

PROVISIONS FOR LIABILITIES

-

335

NET ASSETS

94,604

123,097

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

94,602

123,095

SHAREHOLDERS' FUNDS

94,604

123,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 1 December 2016 and were signed by:

Mr M Tuckett - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not

reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

8,602

Additions

2,720

At 31 May 2016

11,322

DEPRECIATION

At 1 June 2015

6,929

Charge for year

789

At 31 May 2016

7,718

NET BOOK VALUE

At 31 May 2016

3,604

At 31 May 2015

1,673

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Tuckett.