Molto (Norwich) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08717626 (England and Wales)

Abbreviated Unaudited Accounts

For The Period 3rd October 2013 to 31st October 2014

for

Molto (Norwich) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A Rose

J Frances

SECRETARY:

REGISTERED OFFICE:

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

REGISTERED NUMBER:

08717626 (England and Wales)

ACCOUNTANTS:

Aston Shaw Ltd

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Tangible assets

2

14,097

CURRENT ASSETS

Stocks

2,150

Debtors

2,208

Cash at bank and in hand

1,044

5,402

CREDITORS

Amounts falling due within one year

16,444

NET CURRENT LIABILITIES

(11,042

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,055

CREDITORS

Amounts falling due after more than one year

3,049

NET ASSETS

6

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

2

SHAREHOLDERS' FUNDS

6

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st October 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 26th June 2015 and were signed on its behalf by:

Mrs A Rose - 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.

Fixtures and fittings

-

25% on reducing balance

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.

Going concern

These financial statements have been prepared on the going concern basis. The Directors consider this basis to

be appropriate but have not assessed a period in excess of 12 months from the date of approving the accounts.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

14,100

At 31st October 2014

14,100

DEPRECIATION

Charge for period

3

At 31st October 2014

3

NET BOOK VALUE

At 31st October 2014

14,097

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary A

1

2

1

Ordinary B

1

1

1

Ordinary C

1

1

4