Registered number
Maccoys Limited
Abbreviated Accounts
31 March 2016
Maccoys Limited
Registered number: 06060138
Abbreviated Balance Sheet
as at 31 March 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 5,968 4,974
Current assets
Stocks 32,500 17,500
Debtors 47 -
Cash at bank and in hand 500 500
33,047 18,000
Creditors: amounts falling due within one year (7,111) (14,736)
Net current assets 25,936 3,264
Total assets less current liabilities 31,904 8,238
Creditors: amounts falling due after more than one year (197,215) (157,941)
Net liabilities (165,311) (149,703)
Capital and reserves
Called up share capital 2 2 2
Profit and loss account (165,313) (149,705)
Shareholder's funds (165,311) (149,703)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr S Herbert
Approved by the board on 22 December 2016
Maccoys Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
1 Accounting policies
Basis of preparation
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 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.
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
Motor vehicles 25% straight line
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 2 2 2
Maccoys Limited 06060138 false true 2015-04-01 2016-03-31 2016-03-31 Mr S Herbert 06060138 2015-03-30 06060138 uk-bus:OrdinaryShareClass1 2015-03-30 06060138 2015-04-01 2016-03-31 06060138 uk-bus:Director40 2015-04-01 2016-03-31 06060138 uk-gaap:PlantMachinery 2015-04-01 2016-03-31 06060138 uk-gaap:MotorVehicles 2015-04-01 2016-03-31 06060138 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 06060138 2016-03-31 06060138 uk-bus:OrdinaryShareClass1 2016-03-31 06060138 2015-03-31 iso4217:GBP xbrli:shares



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