Company Registration No. 07746709 (England and Wales)
M.R. Drains Ltd
Abbreviated unaudited accounts
for the year ended 31 August 2016
M.R. Drains Ltd
Abbreviated Balance Sheet
as at
31 August 2016
Tangible assets
26,312
20,200
Cash at bank and in hand
17,956
28,220
Creditors: amounts falling due within one year
(32,315)
(42,935)
Net current liabilities
(9,159)
(13,012)
Total assets less current liabilities
17,153
7,188
Creditors: amounts falling due after more than one year
(22,446)
(10,144)
Provisions for liabilities
-
(3,978)
Net liabilities
(5,293)
(6,934)
Called up share capital
15
15
Profit and loss account
(5,308)
(6,949)
Total shareholders' funds
(5,293)
(6,934)
For the year ending 31 August 2016 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 30 May 2017
Matthew Roberts
Director
Company Registration No. 07746709
M.R. Drains Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
At 1 September 2015
59,050
At 1 September 2015
38,850
Charge for the year
20,624
3
Share capital
2016
2015
Allotted, called up and fully paid:
15 Ordinary shares of £1 each
15
15