MHD Partnership Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04003896 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

MHD PARTNERSHIP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R J Scull

M Hows

REGISTERED OFFICE:

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

REGISTERED NUMBER:

04003896 (England and Wales)

ACCOUNTANTS:

Dennis & Turnbull

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Tangible assets

2

13,114

17,255

CURRENT ASSETS

Debtors

63,465

42,826

Cash at bank

39,997

70,395

103,462

113,221

CREDITORS

Amounts falling due within one year

(56,343

)

(67,504

)

NET CURRENT ASSETS

47,119

45,717

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,233

62,972

PROVISIONS FOR LIABILITIES

(1,692

)

(2,318

)

NET ASSETS

58,541

60,654

CAPITAL AND RESERVES

Called up share capital

3

820

Profit and loss account

57,721

59,834

SHAREHOLDERS' FUNDS

58,541

60,654

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

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

The directors acknowledge their 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 Board of Directors on 31 January 2017 and were signed on
its behalf by:

M Hows - Director

R J Scull - 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 and services, 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.

Plant and machinery etc

-

33% straight line basis, 20% straight line basis and 15% straight line basis

Deferred tax

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

the balance sheet date.

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.

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 August 2015

35,689

Disposals

(3,045

)

At 31 July 2016

32,644

DEPRECIATION

At 1 August 2015

18,434

Charge for year

4,141

Eliminated on disposal

(3,045

)

At 31 July 2016

19,530

NET BOOK VALUE

At 31 July 2016

13,114

At 31 July 2015

17,255

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

750

Ordinary

£1

750

10

A Ordinary

£1

10

B Ordinary

£1

10

C Ordinary

£1

10

D Ordinary

£1

10

E Ordinary

£1

10

F Ordinary

£1

10

G Ordinary

£1

10

820