Moreneed Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08090840 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

FOR

MORENEED LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A J Shafron

Ms N J Goldstein

P J Leuzzi

REGISTERED OFFICE:

114-116 Curtain Road

London

EC2A 3AH

REGISTERED NUMBER:

08090840 (England and Wales)

ACCOUNTANTS:

P J Marks and Co. Ltd

Chartered Certified Accountants

114-116 Curtain Road

London

EC2A 3AH

CURRENT ASSETS

Debtors

-

710,710

Cash at bank and in hand

750

44,680

750

755,390

CREDITORS

Amounts falling due within one year

1,800

756,251

NET CURRENT LIABILITIES

(1,050

)

(861

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,050

)

(861

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

(1,150

)

(961

)

SHAREHOLDERS' FUNDS

(1,050

)

(861

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 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 19 August 2015 and were signed on its behalf by:

P J Leuzzi - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company has completed the purpose for which it was incorporated and has effectively ceased to trade.

Therefore the accounts have been prepared on a break-up basis, all assets and liabilities have been revalued to

their fair value and all valuation movements have been recognised in the Profit & Loss account.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100