Company Registration No. 06990809 (England and Wales)
MAK Integrated Services Limited
Unaudited accounts
for the year ended 31 August 2017
MAK Integrated Services Limited
Unaudited accounts
Contents
MAK Integrated Services Limited
Company Information
for the year ended 31 August 2017
Directors
Mr B Hussain
Mr S Akhtar
Company Number
06990809 (England and Wales)
Registered Office
MANOR HOUSE MANOR STREET
AUDENSHAW
MANCHESTER
M34 5JG
Accountants
SK Accountants
86 Bury Old Road
Cheetham Hill
Manchester
M8 5BW
MAK Integrated Services Limited
Statement of financial position
as at 31 August 2017
Intangible assets
2,000
2,000
Tangible assets
7,538
6,643
Cash at bank and in hand
9,931
834
Creditors: amounts falling due within one year
(112,049)
(136,342)
Net current assets
41,775
15,449
Called up share capital
100
100
Profit and loss account
51,213
23,992
Shareholders' funds
51,313
24,092
For the year ending 31 August 2017 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 23 April 2018.
Mr B Hussain
Director
Company Registration No. 06990809
MAK Integrated Services Limited
Notes to the Accounts
for the year ended 31 August 2017
MAK Integrated Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06990809. The registered office is MANOR HOUSE MANOR STREET, AUDENSHAW, MANCHESTER, M34 5JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% reducing balance method
Fixtures & fittings
18% reducing balance method
MAK Integrated Services Limited
Notes to the Accounts
for the year ended 31 August 2017
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2016
2,500
7,627
10,127
At 31 August 2017
4,800
7,877
12,677
At 1 September 2016
450
3,034
3,484
Charge for the year
783
872
1,655
At 31 August 2017
1,233
3,906
5,139
At 31 August 2017
3,567
3,971
7,538
At 31 August 2016
2,050
4,593
6,643
Other debtors
143,893
150,957
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
49,282
7,835
Taxes and social security
9,162
-
Other creditors
53,605
128,507
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
MAK Integrated Services Limited
Notes to the Accounts
for the year ended 31 August 2017
9
Average number of employees
During the year the average number of employees was 88 (2016: 98).
