Abbreviated Company Accounts - MFJ (NO. 3) LIMITED

MFJ (NO. 3) LIMITED - Company Information

07233179 MFJ (NO. 3) LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 07233179 2013-05-01 2014-04-30 07233179 2014-04-30 07233179 2013-04-30 07233179 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 07233179 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2014-04-30 uk-gaap-cd-bus:Director3 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 07233179

MFJ (NO. 3) LIMITED

Abbreviated Accounts

30 April 2014

MFJ (NO. 3) LIMITED Registered Number 07233179

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	1	-
Tangible assets	3	435,479	439,291
		435,480	439,291
Current assets
Debtors	4	4,996	1
		4,996	1
Creditors: amounts falling due within one year		(463,631)	(450,291)
Net current assets (liabilities)		(458,635)	(450,290)
Total assets less current liabilities		(23,155)	(10,999)
Total net assets (liabilities)		(23,155)	(10,999)
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		(23,156)	(11,000)
Shareholders' funds		(23,155)	(10,999)

For the year ending 30 April 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 30 January 2015

And signed on their behalf by:
S J Jacob, Director

MFJ (NO. 3) LIMITED Registered Number 07233179

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected life - in the case of freehold buildings, over 50 years on a straight-line basis.

2Intangible fixed assets

	£
Cost
At 1 May 2013	0
Additions	1
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	1
Amortisation
At 1 May 2013	-
Charge for the year	-
On disposals	-
At 30 April 2014	-
Net book values
At 30 April 2014	1
At 30 April 2013	0

Intangible assets represent goodwill acquired with the acquisition of certain assets (the 'TCBDL trade') in January 2013.

3Tangible fixed assets

	£
Cost
At 1 May 2013	445,291
Additions	5,251
Disposals	(5,000)
Revaluations	-
Transfers	-
At 30 April 2014	445,542
Depreciation
At 1 May 2013	6,000
Charge for the year	4,063
On disposals	-
At 30 April 2014	10,063
Net book values
At 30 April 2014	435,479
At 30 April 2013	439,291

Fixed assets comprised of freehold land and buildings, £435,291 (2013: £439,291) and equipment, furniture and fixtures of £188 (2013: £nil).

4Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	4,996	1

Debtors are comprised of trade debtors, £4,995 (2013: £nil) and other debtors of £1 (2013: £1).

5Called Up Share Capital
Allotted, called up and fully paid:

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

6Transactions with directors

Name of director receiving advance or credit:	S Jacob
Description of the transaction:	Creditor
Balance at 1 May 2013:	£ 450,291
Advances or credits made:	£ 18,590
Advances or credits repaid:	£ 5,250
Balance at 30 April 2014:	£ 463,631

Other creditors of £463,631 (2013: £450,291) represents amounts due to the company's shareholder, who is also a director. Intangible assets (£1) and plant (£5,251) were acquired from a company also owned by the company's controlling shareholder at the time of the transaction.