Abbreviated Company Accounts - MD PACKAGING LIMITED

Abbreviated Company Accounts - MD PACKAGING LIMITED


Registered Number 07471751

MD PACKAGING LIMITED

Abbreviated Accounts

28 February 2014

MD PACKAGING LIMITED Registered Number 07471751

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,650 3,275
2,650 3,275
Current assets
Stocks 51,906 30,669
Debtors 11,673 10,218
Cash at bank and in hand 6,519 20,072
70,098 60,959
Creditors: amounts falling due within one year (60,361) (63,168)
Net current assets (liabilities) 9,737 (2,209)
Total assets less current liabilities 12,387 1,066
Total net assets (liabilities) 12,387 1,066
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 12,287 966
Shareholders' funds 12,387 1,066
  • For the year ending 28 February 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 November 2014

And signed on their behalf by:
MR METIN KAYNAK, Director

MD PACKAGING LIMITED Registered Number 07471751

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 March 2013 4,000
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 4,000
Depreciation
At 1 March 2013 725
Charge for the year 625
On disposals -
At 28 February 2014 1,350
Net book values
At 28 February 2014 2,650
At 28 February 2013 3,275
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100