M F Planning & Design Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07480684 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2013

for

M F Planning & Design Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Flynn

SECRETARY:

REGISTERED OFFICE:

Tower Barn

Archer Street

Bishop Norton

Lincolnshire

LN8 2BG

REGISTERED NUMBER:

07480684 (England and Wales)

ACCOUNTANTS:

Hornsby Accounts Ltd

3 Carr Lane

Appleby

Scunthorpe

North Lincolnshire

DN15 0AH

FIXED ASSETS

Intangible assets

2

2,500

5,000

Tangible assets

3

633

844

3,133

5,844

CURRENT ASSETS

Debtors

4,024

6,875

Cash at bank

1,906

4,261

5,930

11,136

CREDITORS

Amounts falling due within one year

4,134

4,467

NET CURRENT ASSETS

1,796

6,669

TOTAL ASSETS LESS CURRENT LIABILITIES

4,929

12,513

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

4,928

12,512

SHAREHOLDERS' FUNDS

4,929

12,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 23rd July 2014 and were signed by:

M Flynn - 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

and 31st December 2013

10,000

AMORTISATION

At 1st January 2013

5,000

Amortisation for year

2,500

At 31st December 2013

7,500

NET BOOK VALUE

At 31st December 2013

2,500

At 31st December 2012

5,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

and 31st December 2013

1,500

DEPRECIATION

At 1st January 2013

656

Charge for year

211

At 31st December 2013

867

NET BOOK VALUE

At 31st December 2013

633

At 31st December 2012

844

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

1

1

1