M K Trends Limited - Limited company - abbreviated - 11.6

M K Trends Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 04962281 (England and Wales)















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

M K TRENDS LIMITED

M K TRENDS LIMITED (REGISTERED NUMBER: 04962281)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

M K TRENDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2014







DIRECTOR: M A Jeatt Esq





REGISTERED OFFICE: 4 Prince Albert Road
London
NW1 7SN





REGISTERED NUMBER: 04962281 (England and Wales)





ACCOUNTANTS: Scodie Deyong LLP
Chartered Accountants
4 Prince Albert Road
London
NW1 7SN

M K TRENDS LIMITED (REGISTERED NUMBER: 04962281)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 65 87

CURRENT ASSETS
Debtors 8,574 7,129

CREDITORS
Amounts falling due within one year 8,367 7,303
NET CURRENT ASSETS/(LIABILITIES) 207 (174 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

272

(87
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 172 (187 )
SHAREHOLDERS' FUNDS 272 (87 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

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





M A Jeatt Esq - Director


M K TRENDS LIMITED (REGISTERED NUMBER: 04962281)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014


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 services, excluding value added tax.

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

Operating leases
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of
the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013
and 31 March 2014 1,312
DEPRECIATION
At 1 April 2013 1,225
Charge for year 22
At 31 March 2014 1,247
NET BOOK VALUE
At 31 March 2014 65
At 31 March 2013 87

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and 31 March 2013:

2014 2013
£    £   
M A Jeatt Esq
Balance outstanding at start of year 4,820 (366 )
Amounts advanced 23,939 23,600
Amounts repaid (25,742 ) (18,414 )
Balance outstanding at end of year 3,017 4,820

M K TRENDS LIMITED (REGISTERED NUMBER: 04962281)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2014


4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

The overdrawn balance in the director's current account was repaid by 31 December 2014.