Main 10 LTD - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08707248 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 26 SEPTEMBER 2013 TO 31 OCTOBER 2014

FOR

MAIN 10 LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R K Basra

SECRETARY:

REGISTERED OFFICE:

73 Hambledon Avenue

Bradford

West Yorkshire

BD4 6AX

REGISTERED NUMBER:

08707248 (England and Wales)

ACCOUNTANTS:

Rajeev Accountants

19 Bolling Road

Bradford

West Yorkshire

BD4 7BG

FIXED ASSETS

Tangible assets

2

7,171

CURRENT ASSETS

Stocks

234

Debtors

493

Cash at bank and in hand

263

990

CREDITORS

Amounts falling due within one year

8,599

NET CURRENT LIABILITIES

(7,609

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(438

)

CREDITORS

Amounts falling due after more than one year

1,000

NET LIABILITIES

(1,438

)

RESERVES

Profit and loss account

(1,438

)

(1,438

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

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 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 director on 3 June 2015 and were signed by:

R K Basra - 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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,009

At 31 October 2014

10,009

DEPRECIATION

Charge for period

2,838

At 31 October 2014

2,838

NET BOOK VALUE

At 31 October 2014

7,171