MOLINET_LIMITED - Accounts

During the year P Beck, a director, operated an interest free loan account with the company, repayable on demand. At the balance sheet date the director owed the company £44,886 (2018: £27,742). Total advances in the period were £55,748, and total repayments were £38,604.

The average number of persons, including directors, employed by the company during the year was as follows:

Molinet Limited is a private company limited by shares incorporated in England and Wales. The registered office is Stag Gates House, 63/64 The Avenue, Southampton, Hampshire, SO17 1XS.

For the year ended 30 September 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.