Abbreviated Company Accounts - MAHADY CONSULTANTS LIMITED

MAHADY CONSULTANTS LIMITED - Company Information

08986098 MAHADY CONSULTANTS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 08986098 2015-05-01 2016-04-30 08986098 2016-04-30 08986098 2015-04-30 08986098 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08986098 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08986098

MAHADY CONSULTANTS LIMITED

Abbreviated Accounts

30 April 2016

MAHADY CONSULTANTS LIMITED Registered Number 08986098

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	400	-
		400	-
Current assets
Debtors		47,609	51,541
Cash at bank and in hand		31,102	123
		78,711	51,664
Creditors: amounts falling due within one year		(78,661)	(51,447)
Net current assets (liabilities)		50	217
Total assets less current liabilities		450	217
Total net assets (liabilities)		450	217
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		448	215
Shareholders' funds		450	217

For the year ending 30 April 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 30 January 2017

And signed on their behalf by:
A Shanks, Director
Ms L Shanks, Director

MAHADY CONSULTANTS LIMITED Registered Number 08986098

Notes to the Abbreviated Accounts for the period ended 30 April 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 April 2008.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.
Revenue recognition
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates,VAT and other sales tax or duty.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Office equipment 20% Reducing balance method

2Tangible fixed assets

	£
Cost
At 1 May 2015	-
Additions	500
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	500
Depreciation
At 1 May 2015	-
Charge for the year	100
On disposals	-
At 30 April 2016	100
Net book values
At 30 April 2016	400
At 30 April 2015	-

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

	2016 £	2015 £
2 Ordinary shares of £2 each	4	4