Mozz Cycling 2008 Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06288855 (England and Wales)

MOZZ CYCLING 2008 LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Ms R Geldard

Mr C E Morris

Mr B Morris

SECRETARY:

Mr B Morris

REGISTERED OFFICE:

2 Albany Court, Palmer Street

Westminster

London

SW1H 0AA

REGISTERED NUMBER:

06288855 (England and Wales)

ACCOUNTANTS:

Wallace Crooke Walsall Limited

Chartered Accountants

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

FIXED ASSETS

Tangible assets

2

456

1,173

CURRENT ASSETS

Stocks

64

64

Debtors

48,730

42,336

Cash at bank

6,914

5,381

55,708

47,781

CREDITORS

Amounts falling due within one year

32,400

26,093

NET CURRENT ASSETS

23,308

21,688

TOTAL ASSETS LESS CURRENT LIABILITIES

23,764

22,861

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

22,764

21,861

SHAREHOLDERS' FUNDS

23,764

22,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2015 and were signed on its behalf by:

Mr B Morris - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

6,481

Additions

118

At 30 June 2014

6,599

DEPRECIATION

At 1 July 2013

5,308

Charge for year

835

At 30 June 2014

6,143

NET BOOK VALUE

At 30 June 2014

456

At 30 June 2013

1,173

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000