Mushroom Man.Co.Uk Limited - Limited company - abbreviated - 11.6
Mushroom Man.Co.Uk Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 October 2014 |
| for |
| MUSHROOM MAN.CO.UK LIMITED |
| MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 October 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| MUSHROOM MAN.CO.UK LIMITED |
| Company Information |
| for the Year Ended 31 October 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607) |
| Abbreviated Balance Sheet |
| 31 October 2014 |
| 31/10/14 | 31/10/13 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| 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 |
| MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 October 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 net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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 November 2013 |
| and 31 October 2014 |
| DEPRECIATION |
| At 1 November 2013 |
| Charge for year |
| At 31 October 2014 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/10/14 | 31/10/13 |
| value: | as restated |
| £ | £ |
| Ordinary | 1 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 October 2014 and |
| 31 October 2013: |
| 31/10/14 | 31/10/13 |
| as restated |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| P A Dean |
| Balance outstanding at start of year | 459,974 | 503,974 |
| Amounts advanced | - | 10,000 |
| Amounts repaid | - | (54,000 | ) |
| Balance outstanding at end of year | 459,974 | 459,974 |
| Mr P A Dean died on the 13 August 2013, as at the company's year end date 31 October 2013 the outstanding |
| loan of £459,974 was incorporated into the Estate of Mr P A Dean. |
| 5. | RELATED PARTY DISCLOSURES |
| During the year, Mr Hyams, a director, provided consultancy services to the company. The total value of the |
| consultancy services provided was £350,400 (2013 £161,600). The transactions were conducted on an arms |
| length basis, and under normal commercial terms. At the year end, and amount of £nil (2012 £nil) was |
| outstanding. |