Abbreviated Company Accounts - M.M.Y. ACCOUNTANCY SERVICES LIMITED

M.M.Y. ACCOUNTANCY SERVICES LIMITED - Company Information

Registered Number 03263505

M.M.Y. ACCOUNTANCY SERVICES LIMITED

Abbreviated Accounts

31 October 2013

M.M.Y. ACCOUNTANCY SERVICES LIMITED Registered Number 03263505

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	294,257	354,374
		294,257	354,374
Current assets
Debtors		40,985	24,409
Cash at bank and in hand		94,050	41,403
		135,035	65,812
Creditors: amounts falling due within one year		(49,450)	(20,554)
Net current assets (liabilities)		85,585	45,258
Total assets less current liabilities		379,842	399,632
Creditors: amounts falling due after more than one year		(184,209)	(232,394)
Total net assets (liabilities)		195,633	167,238
Capital and reserves
Called up share capital		152	102
Profit and loss account		195,481	167,136
Shareholders' funds		195,633	167,238

For the year ending 31 October 2013 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 31 July 2014

And signed on their behalf by:
Mr M M Yousuf, Director

M.M.Y. ACCOUNTANCY SERVICES LIMITED Registered Number 03263505

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared under the historical cost convention as
modified by the revaluation of certain fixed assets and in accordance with
the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers for services provided and any goods supplied
excluding VAT The turnover and operating costs are attributable to the principal
activity of the business being that of company formation and other related services
the company also receives rental income

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives The rates are as
follows

Equipment 30%
Fixtures and Fittings 15%

2Tangible fixed assets

	£
Cost
At 1 November 2012	385,252
Additions	28,371
Disposals	(83,263)
Revaluations	-
Transfers	-
At 31 October 2013	330,360
Depreciation
At 1 November 2012	30,878
Charge for the year	5,225
On disposals	-
At 31 October 2013	36,103
Net book values
At 31 October 2013	294,257
At 31 October 2012	354,374