Abbreviated Company Accounts - MIDAS (WALES) LTD

Registered Number 08765858

MIDAS (WALES) LTD

Abbreviated Accounts

30 November 2014

MIDAS (WALES) LTD Registered Number 08765858

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	125
		125
Current assets
Debtors		1,585
Cash at bank and in hand		3,378
		4,963
Creditors: amounts falling due within one year		(1,489)
Net current assets (liabilities)		3,474
Total assets less current liabilities		3,599
Total net assets (liabilities)		3,599
Capital and reserves
Called up share capital		20
Profit and loss account		3,579
Shareholders' funds		3,599

For the year ending 30 November 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 29 July 2015

And signed on their behalf by:
Mr D Stewart, Director

MIDAS (WALES) LTD Registered Number 08765858

Notes to the Abbreviated Accounts for the period ended 30 November 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 value of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their useful lives.

Plant and machinery 25% straight line

2Tangible fixed assets

	£
Cost
Additions	150
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	150
Depreciation
Charge for the year	25
On disposals	-
At 30 November 2014	25
Net book values
At 30 November 2014	125