Abbreviated Company Accounts - MANCHESTER SATELLITE LTD

Abbreviated Company Accounts - MANCHESTER SATELLITE LTD


Registered Number 07286412

MANCHESTER SATELLITE LTD

Abbreviated Accounts

30 June 2014

MANCHESTER SATELLITE LTD Registered Number 07286412

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,532 5,207
4,532 5,207
Current assets
Stocks 5,369 5,456
Debtors - 870
Cash at bank and in hand 1,890 1,509
7,259 7,835
Creditors: amounts falling due within one year (867) (3,334)
Net current assets (liabilities) 6,392 4,501
Total assets less current liabilities 10,924 9,708
Total net assets (liabilities) 10,924 9,708
Capital and reserves
Called up share capital 1 1
Profit and loss account 10,923 9,707
Shareholders' funds 10,924 9,708
  • For the year ending 30 June 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 25 February 2015

And signed on their behalf by:
ARGON GASHI, Director

MANCHESTER SATELLITE LTD Registered Number 07286412

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting 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.

2Tangible fixed assets
£
Cost
At 1 July 2013 8,095
Additions 458
Disposals -
Revaluations -
Transfers -
At 30 June 2014 8,553
Depreciation
At 1 July 2013 2,888
Charge for the year 1,133
On disposals -
At 30 June 2014 4,021
Net book values
At 30 June 2014 4,532
At 30 June 2013 5,207