Mighter Limited - Limited company - abbreviated - 11.6
Mighter Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2014 |
| FOR |
| MIGHTER LIMITED |
| MIGHTER LIMITED (REGISTERED NUMBER: 02366180) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| MIGHTER LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| MIGHTER LIMITED (REGISTERED NUMBER: 02366180) |
| ABBREVIATED BALANCE SHEET |
| 30 JUNE 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 financial statements were approved by the director on |
| MIGHTER LIMITED (REGISTERED NUMBER: 02366180) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2014 |
| 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 the invoiced value of goods and services provided in the UK and overseas, net of trade |
| discounts and value added tax. |
| Tangible fixed assets |
| Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less |
| estimated residual value, of each asset, on a reducing balance basis, over its expected useful life, as follows: |
| Computer equipment | -15% per annum |
| Office equipment | -15% per annum |
| Stocks |
| Stocks are stated at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax is provided using the liability method in respect of all material timing differences that have |
| originated but not reversed by the balance sheet date. Deferred tax assets are recognised where it is considered |
| more likely than not that future profits will be available for offset. The company has not adopted a policy of |
| discounting deferred tax assets and liabilities. |
| Foreign currencies |
| Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. |
| Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling |
| at the balance sheet date and the gains or losses on transaction are included in the profit and loss account. |
| Pension costs |
| The company operates a defined contribution scheme for the director. Contributions are charged to the profit |
| and account each year as they fall due for payment. |
| Cash flow statement |
| The company qualifies as a small company under the Companies Act 2006. The director has elected to take |
| advantage of the exemption under the FRSSE. Consequently no cash flow statement has been prepared. |
| MIGHTER LIMITED (REGISTERED NUMBER: 02366180) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2013 |
| Additions |
| At 30 June 2014 |
| DEPRECIATION |
| At 1 July 2013 |
| Charge for year |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |