Abbreviated Company Accounts - M&L DAVY LIMITED

07236817 M&L DAVY LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07236817 2013-04-01 2014-03-31 07236817 2014-03-31 07236817 2013-03-31 07236817 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07236817 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07236817

M&L DAVY LIMITED

Abbreviated Accounts

31 March 2014

M&L DAVY LIMITED Registered Number 07236817

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	25,225	33,633
		25,225	33,633
Current assets
Debtors		61,838	30,841
Cash at bank and in hand		63,168	25,943
		125,006	56,784
Creditors: amounts falling due within one year		(35,545)	(36,277)
Net current assets (liabilities)		89,461	20,507
Total assets less current liabilities		114,686	54,140
Total net assets (liabilities)		114,686	54,140
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		114,586	54,040
Shareholders' funds		114,686	54,140

For the year ending 31 March 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 23 December 2014

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

M&L DAVY LIMITED Registered Number 07236817

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	60,790
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	60,790
Depreciation
At 1 April 2013	27,157
Charge for the year	8,408
On disposals	-
At 31 March 2014	35,565
Net book values
At 31 March 2014	25,225
At 31 March 2013	33,633

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100