Abbreviated Company Accounts - MAJESTIC VENTURES (UK) LIMITED

Abbreviated Company Accounts - MAJESTIC VENTURES (UK) LIMITED

MAJESTIC VENTURES (UK) LIMITED - Company Information

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Registered Number 05030287

MAJESTIC VENTURES (UK) LIMITED

Abbreviated Accounts

31 January 2015

MAJESTIC VENTURES (UK) LIMITED Registered Number 05030287

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,455 1,128
1,455 1,128
Current assets
Debtors 1,540 7,195
Cash at bank and in hand 41,242 38,183
42,782 45,378
Creditors: amounts falling due within one year (1,449) (9,361)
Net current assets (liabilities) 41,333 36,017
Total assets less current liabilities 42,788 37,145
Creditors: amounts falling due after more than one year (14,412) (9,699)
Total net assets (liabilities) 28,376 27,446
Capital and reserves
Called up share capital 1 1
Profit and loss account 28,375 27,445
Shareholders' funds 28,376 27,446
  • For the year ending 31 January 2015 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 20 August 2015

And signed on their behalf by:
Mr M J Cunningham, Director

MAJESTIC VENTURES (UK) LIMITED Registered Number 05030287

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Tangible fixed assets
£
Cost
At 1 February 2014 4,635
Additions 691
Disposals -
Revaluations -
Transfers -
At 31 January 2015 5,326
Depreciation
At 1 February 2014 3,507
Charge for the year 364
On disposals -
At 31 January 2015 3,871
Net book values
At 31 January 2015 1,455
At 31 January 2014 1,128