Mkm Advisors Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07814530 (England and Wales)

Mkm Advisors Limited

Abbreviated Unaudited Accounts

for the Period

1 April 2012 to 30 September 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D A Barrett

SECRETARY:

Mrs K Barrett

REGISTERED OFFICE:

8 Hopper Way

Diss

Norfolk

IP22 4GT

REGISTERED NUMBER:

07814530 (England and Wales)

ACCOUNTANTS:

Haines Watts

8 Hopper Way

Diss

Norfolk

IP22 4GT

FIXED ASSETS

Tangible assets

2

1,387

-

CURRENT ASSETS

Debtors

284,206

50

Cash at bank

149

2,332

284,355

2,382

CREDITORS

Amounts falling due within one year

(61,701

)

(3,702

)

NET CURRENT ASSETS/(LIABILITIES)

222,654

(1,320

)

TOTAL ASSETS LESS CURRENT LIABILITIES

224,041

(1,320

)

CREDITORS

Amounts falling due after more than one year

3

(160,000

)

-

PROVISIONS FOR LIABILITIES

(277

)

-

NET ASSETS/(LIABILITIES)

63,764

(1,320

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

63,664

(1,420

)

SHAREHOLDERS' FUNDS

63,764

(1,320

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19 November 2014 and were signed by:

D A Barrett - 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 April 2008).

Turnover

Turnover represents gross fees received in the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,071

At 30 September 2013

2,071

DEPRECIATION

Charge for period

684

At 30 September 2013

684

NET BOOK VALUE

At 30 September 2013

1,387

3.

CREDITORS

Creditors include an amount of £ 160,000 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Share

1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2013 and the

year ended 31 March 2012:

2013

2012

£

£

D A Barrett

Balance outstanding at start of period

-

-

Amounts advanced

142,103

-

Amounts repaid

-

-

Balance outstanding at end of period

142,103

-

The company has charged interest on the loan to the director. The loan is to be repaid by 30 June 2014.