| MOSELEY OPTICIANS LTD |
| Registered number: |
06192494 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
32,000 |
|
|
32,000 |
| Tangible assets |
3 |
|
|
9,246 |
|
|
6,891 |
|
|
|
|
41,246 |
|
|
38,891 |
|
| Current assets |
| Stocks |
|
|
4,975 |
|
|
3,525 |
| Debtors |
|
|
9,862 |
|
|
10,216 |
| Cash at bank and in hand |
|
|
2,429 |
|
|
5,399 |
|
|
|
17,266 |
|
|
19,140 |
|
| Creditors: amounts falling due within one year |
|
|
(8,489) |
|
|
(18,936) |
|
| Net current assets |
|
|
|
8,777 |
|
|
204 |
|
| Total assets less current liabilities |
|
|
|
50,023 |
|
|
39,095 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(20,833) |
|
|
(1,250) |
|
|
|
| Net assets |
|
|
|
29,190 |
|
|
37,845 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
29,188 |
|
|
37,843 |
|
| Shareholder's funds |
|
|
|
29,190 |
|
|
37,845 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges his 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. |
|
|
|
| Mohamedali Moti |
| Director |
| Approved by the board on 25 February 2015 |
|
| MOSELEY OPTICIANS LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2014 |
|
| 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 |
|
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 |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
Motor vehicles |
20% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
32,000 |
|
At 30 June 2014 |
32,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 30 June 2014 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
32,000 |
|
At 30 June 2013 |
32,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
14,711 |
|
Additions |
3,740 |
|
At 30 June 2014 |
18,451 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2013 |
7,820 |
|
Charge for the year |
1,385 |
|
At 30 June 2014 |
9,205 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
9,246 |
|
At 30 June 2013 |
6,891 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
