Management Appointments Limited - Abbreviated accounts 16.3
Management Appointments Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| FOR |
| MANAGEMENT APPOINTMENTS LIMITED |
| MANAGEMENT APPOINTMENTS LIMITED (REGISTERED NUMBER: 01267752) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| MANAGEMENT APPOINTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| MANAGEMENT APPOINTMENTS LIMITED (REGISTERED NUMBER: 01267752) |
| ABBREVIATED BALANCE SHEET |
| 30 NOVEMBER 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption 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. |
| The financial statements were approved by the Board of Directors on |
| MANAGEMENT APPOINTMENTS LIMITED (REGISTERED NUMBER: 01267752) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| 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). |
| Going concern |
| Accounting standard require the directors to consider the appropriateness of the going concern basis when |
| preparing financial statements. The directors confirm that they consider that the going concern basis remains |
| appropriate. The directors believe that the company has sufficient resources to continue in operational existence |
| for the foreseeable future. The directors believe this to be the case because the company has positive cash |
| balances and the continued support of its investors. Thus they continue to adopt the going concern basis of |
| accounting in preparing the annual financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| 88% (2015: 68%) of the company's turnover is attributed to markets outside the United Kingdom. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Foreign currencies |
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of |
| exchange ruling at the balance sheet date. |
| Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. |
| Exchange gains and losses are recognised in the profit and loss account. |
| 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. |
| Work in progress |
| No account is taken of assignments completed but not invoiced at the year end as, until the employment is |
| taken up by the employee, the company is unable to invoice its client. However, where stage payments are |
| agreed and those stages have been completed at the year end, the income arising therefrom is included in the |
| financial statements. |
| Investments |
| Investments held as fixed assets are shown at cost less provision for impairment. |
| MANAGEMENT APPOINTMENTS LIMITED (REGISTERED NUMBER: 01267752) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2015 |
| Additions |
| At 30 November 2016 |
| DEPRECIATION |
| At 1 December 2015 |
| Charge for year |
| At 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 December 2015 |
| and 30 November 2016 | 2,615 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 1 |