| Mountains & Molehills Limited |
| Registered number: |
07067247 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
133 |
|
|
477 |
|
| Current assets |
| Cash at bank and in hand |
|
|
1,807 |
|
|
3 |
|
| Creditors: amounts falling due within one year |
|
|
(7,295) |
|
|
(191) |
|
| Net current liabilities |
|
|
|
(5,488) |
|
|
(188) |
|
| Net (liabilities)/assets |
|
|
|
(5,355) |
|
|
289 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(5,356) |
|
|
288 |
|
| Shareholders' funds |
|
|
|
(5,355) |
|
|
289 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
|
|
|
| Angela Carter |
| Director |
| Approved by the board on 15 August 2014 |
|
| Mountains & Molehills Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 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 |
25% & 33% straight line |
|
|
Going Concern |
|
These accounts have been prepared on a going concern basis, on the understanding that the directors and shareholders will continue to financially support the company for the foreseeable future. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
1,666 |
|
At 31 March 2014 |
1,666 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
1,189 |
|
Charge for the year |
344 |
|
At 31 March 2014 |
1,533 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
133 |
|
At 31 March 2013 |
477 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
