Abbreviated Company Accounts - MULTISENSE SOLUTIONS LIMITED

Abbreviated Company Accounts - MULTISENSE SOLUTIONS LIMITED


Registered Number 07811127

MULTISENSE SOLUTIONS LIMITED

Abbreviated Accounts

31 December 2014

MULTISENSE SOLUTIONS LIMITED Registered Number 07811127

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Current assets
Stocks 37,500 30,000
Debtors 6,460 8,046
Cash at bank and in hand 8,168 2,118
52,128 40,164
Net current assets (liabilities) 52,128 40,164
Total assets less current liabilities 52,128 40,164
Creditors: amounts falling due after more than one year (59,456) (56,041)
Total net assets (liabilities) (7,328) (15,877)
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (7,428) (15,977)
Shareholders' funds (7,328) (15,877)
  • For the year ending 31 December 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 17 September 2015

And signed on their behalf by:
A Cross, Director

MULTISENSE SOLUTIONS LIMITED Registered Number 07811127

Notes to the Abbreviated Accounts for the period ended 31 December 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 total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
76 Ordinary shares of £1 each 76 76
24 B Ordinary shares of £1 each 24 24