Abbreviated Company Accounts - MULTINATIONAL RESOURCES CORPORATION LIMITED

Abbreviated Company Accounts - MULTINATIONAL RESOURCES CORPORATION LIMITED


Registered Number 02612788

MULTINATIONAL RESOURCES CORPORATION LIMITED

Abbreviated Accounts

21 November 2014

MULTINATIONAL RESOURCES CORPORATION LIMITED Registered Number 02612788

Abbreviated Balance Sheet as at 21 November 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Cash at bank and in hand 2,241 1,207
2,241 1,207
Creditors: amounts falling due within one year (31) -
Net current assets (liabilities) 2,210 1,207
Total assets less current liabilities 2,210 1,207
Creditors: amounts falling due after more than one year (31,327) (30,324)
Total net assets (liabilities) (29,117) (29,117)
Capital and reserves
Called up share capital 60 60
Profit and loss account (29,177) (29,177)
Shareholders' funds (29,117) (29,117)
  • For the year ending 21 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 31 July 2015

And signed on their behalf by:
n Keshvari, Director

MULTINATIONAL RESOURCES CORPORATION LIMITED Registered Number 02612788

Notes to the Abbreviated Accounts for the period ended 21 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
net of VAT

Tangible assets depreciation policy
depreciation on fixed assets is provided at rates estimated to write off the cost of each asset over its expected useful life.

2Transactions with directors

Name of director receiving advance or credit: N Keshvari
Description of the transaction: initial input capital withdrawal any time when funds available
Balance at 22 November 2013: £ 14,859
Advances or credits made: £ 753
Advances or credits repaid: -
Balance at 21 November 2014: £ 15,612