M2 Technical Services Limited - Limited company - abbreviated - 11.0.0
M2 Technical Services Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 28 February 2014 |
| for |
| M2 Technical Services Limited |
| M2 Technical Services Limited (Registered number: SC130107) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 28 February 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| M2 Technical Services Limited |
| Company Information |
| for the Year Ended 28 February 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| CHARTERED ACCOUNTANTS |
| M2 Technical Services Limited (Registered number: SC130107) |
| Abbreviated Balance Sheet |
| 28 February 2014 |
| 28.2.14 | 28.2.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 | 99,112 | 100,721 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| M2 Technical Services Limited (Registered number: SC130107) |
| Abbreviated Balance Sheet - continued |
| 28 February 2014 |
| The financial statements were approved by the Board of Directors on |
| M2 Technical Services Limited (Registered number: SC130107) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 28 February 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation of |
| certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents revenue recognised in the accounts. Revenue is recognised when the company fulfils its |
| contractual obligations to customers by supplying goods and services, and excludes value added tax. Revenue from |
| software support contracts is recognised over the period in which services are provided. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1 March 2013 |
| Additions |
| At 28 February 2014 |
| DEPRECIATION |
| At 1 March 2013 |
| Charge for year |
| At 28 February 2014 |
| NET BOOK VALUE |
| At 28 February 2014 |
| At 28 February 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.14 | 28.2.13 |
| value: | £ | £ |
| ORDINARY | £1 |
| M2 Technical Services Limited (Registered number: SC130107) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 28 February 2014 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 28 February 2014 and |
| 28 February 2013: |
| 28.2.14 | 28.2.13 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid |
| Balance outstanding at end of year |
| There were no movements on the director's current accounts during the year, and at the balance sheet date, the |
| balances due to the company by Mr McLay and Mr Irving were £1206 and £1207 respectively. These amounts are |
| shown in Other Debtors. |