Abbreviated Company Accounts - MINIS-R-US LIMITED

MINIS-R-US LIMITED - Company Information

Registered Number 05776741

MINIS-R-US LIMITED

Abbreviated Accounts

28 June 2014

MINIS-R-US LIMITED Registered Number 05776741

Abbreviated Balance Sheet as at 28 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	7,050	10,575
Tangible assets	3	4,930	6,570
		11,980	17,145
Current assets
Stocks		111,661	113,311
Debtors		490	966
Cash at bank and in hand		384	976
		112,535	115,253
Creditors: amounts falling due within one year		(269,793)	(225,089)
Net current assets (liabilities)		(157,258)	(109,836)
Total assets less current liabilities		(145,278)	(92,691)
Total net assets (liabilities)		(145,278)	(92,691)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(145,280)	(92,693)
Shareholders' funds		(145,278)	(92,691)

For the year ending 28 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 10 March 2015

And signed on their behalf by:
T Stacey, Director

MINIS-R-US LIMITED Registered Number 05776741

Notes to the Abbreviated Accounts for the period ended 28 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.

Turnover policy
Turnover represents the total invoice value excluding value added tax of sales made during the year

Tangible assets depreciation policy
Equipment 25% reducing balance
Motor vehicles 25% straight line

Intangible assets amortisation policy
Goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

2Intangible fixed assets

	£
Cost
At 1 July 2013	17,625
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 June 2014	17,625
Amortisation
At 1 July 2013	7,050
Charge for the year	3,525
On disposals	-
At 28 June 2014	10,575
Net book values
At 28 June 2014	7,050
At 30 June 2013	10,575

3Tangible fixed assets

	£
Cost
At 1 July 2013	14,170
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 June 2014	14,170
Depreciation
At 1 July 2013	7,600
Charge for the year	1,640
On disposals	-
At 28 June 2014	9,240
Net book values
At 28 June 2014	4,930
At 30 June 2013	6,570