For the year ended 30 September 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08711520
M.B. Traction Limited
For the year ended 30 September 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
M.B. Traction Limited
Accountants' Report
For the year ended 30 September 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
|
ended
30
September
2015
and you consider that the company is exempt from an audit under the Companies Act
|
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
S G Accountants Limited
150A Preston Old Road
Blackpool
Lancashire
FY3 9QP
1 of 4
Notes to the Abbreviated Financial Statements
|
M.B. Traction Limited
For the year ended 30 September 2015
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
Fixtures and Fittings
2,750
995
3,745
550
440
Charge for year
990
2,755
2,200
1
,
000
Class A shares of £
1
.
00
each
|
3 of 4
Notes to the Abbreviated Financial Statements
|
M.B. Traction Limited
For the year ended 30 September 2015
Allotted called up and fully paid
|
2015
2014
100
Class A shares of £
1
.
00
each
|
100
100
100
100
4 of 4