Mad Love (Publishing) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02227721 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

MAD LOVE (PUBLISHING) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Moore

REGISTERED OFFICE:

Eagle House

28 Billing Road

Northampton

Northamptonshire

NN1 5AJ

REGISTERED NUMBER:

02227721 (England and Wales)

ACCOUNTANTS:

DNG Dove Naish

Chartered Accountants

Eagle House

28 Billing Road

Northampton

NN1 5AJ

BANKERS:

The Co-operative Bank

65 Abington Street

Northampton

NN1 2BN

CURRENT ASSETS

Debtors

19,429

-

Cash at bank and in hand

25,883

70,789

45,312

70,789

CREDITORS

Amounts falling due within one year

7,763

58,963

NET CURRENT ASSETS

37,549

11,826

TOTAL ASSETS LESS CURRENT
LIABILITIES

37,549

11,826

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

37,449

11,726

SHAREHOLDERS' FUNDS

37,549

11,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 23 January 2017 and were signed by:

A Moore - 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.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the

treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or

accelerated is accounted for in respect of all material timing differences.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

3.	TRANSACTIONS WITH DIRECTORS

At the year end, Mr A Moore owed £19,429 (2015 - £27,967 owed by the company to Mr A Moore) to

the company.

The maximum overdrawn loan amount outstanding during the year was £19,429 (2015: £Nil).

Interest has been charged at the official rate.

The loan is unsecured and there are no set terms of repayment.