Company Registration No. 03189283 (England and Wales)
MOBILE CARE QUALIFICATIONS LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2014
MOBILE CARE QUALIFICATIONS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
MOBILE CARE QUALIFICATIONS LTD
ABBREVIATED BALANCE SHEET
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
30,829
34,861
Current assets
Debtors
362,066
322,745
Cash at bank and in hand
110,995
75,677
473,061
398,422
Creditors: amounts falling due within one year
(126,349)
(89,372)
Net current assets
346,712
309,050
Total assets less current liabilities
377,541
343,911
Creditors: amounts falling due after more than one year
(7,905)
(35,000)
Provisions for liabilities
(5,242)
(5,846)
364,394
303,065
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
364,294
302,965
Shareholders' funds
364,394
303,065
For the financial year ended 31 May 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 19 February 2015
M Errington
Director
Company Registration No. 03189283
MOBILE CARE QUALIFICATIONS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
20% straight line
Fixtures, fittings & equipment
15% reducing balance and 3 years straight line
1.4
Deferred taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 June 2013
142,475
Additions
4,892
At 31 May 2014
147,367
Depreciation
At 1 June 2013
107,613
Charge for the year
8,925
At 31 May 2014
116,538
Net book value
At 31 May 2014
30,829
At 31 May 2013
34,861
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 ordinary shares of £1 each
100
100