Abbreviated Company Accounts - MACC INTERNATIONAL LIMITED

MACC INTERNATIONAL LIMITED - Company Information

03014471 MACC INTERNATIONAL LIMITED 2014-01-31 false 2013-02-01 2014-01-31 true 03014471 2013-02-01 2014-01-31 03014471 2014-01-31 03014471 2013-01-31 03014471 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 03014471 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:Director3 2013-02-01 2014-01-31 uk-gaap-cd-bus:Director3 2014-01-31 uk-gaap-cd-bus:Director3 2013-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number 03014471

MACC INTERNATIONAL LIMITED

Abbreviated Accounts

31 January 2014

MACC INTERNATIONAL LIMITED Registered Number 03014471

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	38,120	29,842
		38,120	29,842
Current assets
Stocks		87,971	175,880
Debtors		105,187	1,141,967
Cash at bank and in hand		217,476	116,022
		410,634	1,433,869
Creditors: amounts falling due within one year		(118,490)	(1,117,881)
Net current assets (liabilities)		292,144	315,988
Total assets less current liabilities		330,264	345,830
Provisions for liabilities		(7,624)	(5,489)
Total net assets (liabilities)		322,640	340,341
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		322,638	340,339
Shareholders' funds		322,640	340,341

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 20 October 2014

And signed on their behalf by:
K Burrows, Director

MACC INTERNATIONAL LIMITED Registered Number 03014471

Notes to the Abbreviated Accounts for the period ended 31 January 2014

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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Plant and machinery 25% reducing balance
Fixtures fittings and equipment 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2013	182,282
Additions	20,984
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	203,266
Depreciation
At 1 February 2013	152,440
Charge for the year	12,706
On disposals	-
At 31 January 2014	165,146
Net book values
At 31 January 2014	38,120
At 31 January 2013	29,842

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

	2014 £	2013 £
2 Ordianry shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	K Burrows
Description of the transaction:	Short term loan
Balance at 1 February 2013:	£ 0
Advances or credits made:	£ 4,068
Advances or credits repaid:	-
Balance at 31 January 2014:	£ 4,068