Registered Number 06726445

MCMASTER BUSINESS DEVELOPMENT LTD

Abbreviated Accounts

31 December 2014

MCMASTER BUSINESS DEVELOPMENT LTD Registered Number 06726445

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 922 879
922 879
Current assets
Debtors 4,816 2,739
Cash at bank and in hand 3,203 3,246
8,019 5,985
Creditors: amounts falling due within one year (5,589 ) (5,304 )
Net current assets (liabilities) 2,430 681
Total assets less current liabilities 3,352 1,560
Provisions for liabilities (184 ) -
Total net assets (liabilities) 3,168 1,560
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,068 1,460
Shareholders' funds 3,168 1,560

  • For the year ending 31 December 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 7 August 2015

And signed on their behalf by:
Mrs P McMaster, Director

MCMASTER BUSINESS DEVELOPMENT LTD Registered Number 06726445

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1 Accounting 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 25% straight line

2 Tangible fixed assets
£
Cost
At 1 January 2014 1,257
Additions 476
Disposals -
Revaluations -
Transfers -
At 31 December 2014 1,733
Depreciation
At 1 January 2014 378
Charge for the year 433
On disposals -
At 31 December 2014 811
Net book values
At 31 December 2014 922
At 31 December 2013 879