Abbreviated Company Accounts - MS CONSORTIUM LIMITED

Abbreviated Company Accounts - MS CONSORTIUM LIMITED


Registered Number 06099875

MS CONSORTIUM LIMITED

Abbreviated Accounts

28 February 2015

MS CONSORTIUM LIMITED Registered Number 06099875

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Current assets
Cash at bank and in hand 3,514 -
3,514 -
Creditors: amounts falling due within one year (1,401) (921)
Net current assets (liabilities) 2,113 (921)
Total assets less current liabilities 2,113 (921)
Total net assets (liabilities) 2,113 (921)
Capital and reserves
Called up share capital 2 3,125 3,125
Profit and loss account (1,012) (4,046)
Shareholders' funds 2,113 (921)
  • For the year ending 28 February 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 30 November 2015

And signed on their behalf by:
O E Mensah, Director

MS CONSORTIUM LIMITED Registered Number 06099875

Notes to the Abbreviated Accounts for the period ended 28 February 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 amounts receivable for goods and services net of trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 25% straight line

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
3,125 Ordinary shares of £1 each 3,125 3,125