McNally Engineering Management Limited - Abbreviated accounts

Registered number

05500357

McNally Engineering Management Limited

Abbreviated Accounts

31 July 2016

McNally Engineering Management Limited
Registered number:		05500357
Abbreviated Balance Sheet
as at 31 July 2016

Notes			2016			2015
£				£
Current assets
Cash at bank and in hand		130,360			123,534

Creditors: amounts falling due within one year		(128,345)			(99,751)

Net current assets			2,015			23,783

Net assets			2,015			23,783

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			1,915			23,683

Shareholder's funds			2,015			23,783

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



C McNally
Director
Approved by the board on 19 April 2017

McNally Engineering Management Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100