Mason B 2013 Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08518344 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

MASON B 2013 LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

CURRENT ASSETS

Investments

28,360

9,745

Cash at bank and in hand

7,506

43,906

35,866

53,651

CREDITORS

Amounts falling due within one year

35,098

45,944

NET CURRENT ASSETS

768

7,707

TOTAL ASSETS LESS CURRENT
LIABILITIES

768

7,707

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

668

7,607

SHAREHOLDERS' FUNDS

768

7,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 5 May 2017 and were signed on its behalf by:

N Brannan - 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 the company's share of the Limited Liability Partnership results for the year.

Pension costs and other post-retirement benefits

The company makes contributions to the personal pension scheme of one director and contributions payable are charged in

the profit and loss account in the period to which they relate.

Curent asset investments

Current asset investments are stated at the lower of cost and net realisable value.

Going concern

The company has a net asset position and a healthy bank position and the directors are satisfied that there are sufficient

resources in place to continue operating for the foreseeable future. Thus the directors continue to adopt the going concern

basis of accounting in preparing the annual financial statements.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

50

Ordinary A

£1

50

Ordinary B

£1

50

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2016 and 31 August 2015:

2016

2015

£

N Brannan and Mrs G D Brannan

Balance outstanding at start of year

-

Amounts advanced

72,049

-

Amounts repaid

(72,049

)

-

Balance outstanding at end of year

-

The maximum overdrawn balance during the year was £61,368.

The loan to the director bears interest at commercial rates.