Multytrader Limited - Limited company - abbreviated - 11.6

Multytrader Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 05461818 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Multytrader Limited

Multytrader Limited (Registered number: 05461818)






Contents of the Abbreviated Accounts
for the Year Ended 31 May 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Multytrader Limited

Company Information
for the Year Ended 31 May 2014







DIRECTORS: S Jones
M C Jones





SECRETARY:





REGISTERED OFFICE: 2 Clifton Moor Business Village
James Nicolson Link
York
North Yorkshire
YO30 4XG





REGISTERED NUMBER: 05461818 (England and Wales)





ACCOUNTANTS: Beckingtons
2 Clifton Moor Business
Village
James Nicolson Link
York
North Yorkshire
YO30 4XG

Multytrader Limited (Registered number: 05461818)

Abbreviated Balance Sheet
31 May 2014

31.5.14 31.5.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 5,624 7,500

CURRENT ASSETS
Stocks 39,000 39,500
Debtors - 100
Cash at bank 37 349
39,037 39,949
CREDITORS
Amounts falling due within one year 53,246 52,943
NET CURRENT LIABILITIES (14,209 ) (12,994 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,585
)
(5,494
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (8,685 ) (5,594 )
SHAREHOLDERS' FUNDS (8,585 ) (5,494 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 12 February 2015 and were signed on its behalf
by:





M C Jones - Director


Multytrader Limited (Registered number: 05461818)

Notes to the Abbreviated Accounts
for the Year Ended 31 May 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2013
and 31 May 2014 10,000
DEPRECIATION
At 1 June 2013 2,500
Charge for year 1,876
At 31 May 2014 4,376
NET BOOK VALUE
At 31 May 2014 5,624
At 31 May 2013 7,500

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.14 31.5.13
value: £    £   
100 Ordinary £1 100 100