Abbreviated Company Accounts - MHS.COM LIMITED

Abbreviated Company Accounts - MHS.COM LIMITED

MHS.COM LIMITED - Company Information

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Registered Number 05232923

MHS.COM LIMITED

Abbreviated Accounts

30 September 2014

MHS.COM LIMITED Registered Number 05232923

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 8,318 9,595
8,318 9,595
Current assets
Debtors 75,878 134,676
Cash at bank and in hand 111,855 132,934
187,733 267,610
Creditors: amounts falling due within one year (177,427) (275,042)
Net current assets (liabilities) 10,306 (7,432)
Total assets less current liabilities 18,624 2,163
Total net assets (liabilities) 18,624 2,163
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 17,624 1,163
Shareholders' funds 18,624 2,163
  • For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 May 2015

And signed on their behalf by:
Mr M Hancock, Director

MHS.COM LIMITED Registered Number 05232923

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced amount of goods sold and services provided net of VAT.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write the cost less estimated residual value of each asset evenly over its expected useful life as follows:-

Plant & Equipment 18% on written down value

2Tangible fixed assets
£
Cost
At 1 October 2013 35,155
Additions 549
Disposals -
Revaluations -
Transfers -
At 30 September 2014 35,704
Depreciation
At 1 October 2013 25,560
Charge for the year 1,826
On disposals -
At 30 September 2014 27,386
Net book values
At 30 September 2014 8,318
At 30 September 2013 9,595