MUCAN INVESTMENTS LIMITED - Abbreviated accounts

MUCAN INVESTMENTS LIMITED - Abbreviated accounts


Registered number
00819219
MUCAN INVESTMENTS LIMITED
Abbreviated Accounts
5 April 2015
MUCAN INVESTMENTS LIMITED
Registered number: 00819219
Abbreviated Balance Sheet
as at 5 April 2015
Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 164,291 164,332
Investments 3 146,506 146,506
310,797 310,838
Current assets
Debtors 1,969 2,051
Cash at bank and in hand 3,571 1,971
5,540 4,022
Creditors: amounts falling due within one year (59,404) (45,492)
Net current liabilities (53,864) (41,470)
Net assets 256,933 269,368
Capital and reserves
Called up share capital 4 100 100
Share premium 49,980 49,980
Profit and loss account 206,853 219,288
Shareholders' funds 256,933 269,368
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr S M Lever
Director
Approved by the board on 21 August 2015
MUCAN INVESTMENTS LIMITED
Notes to the Abbreviated Accounts
for the year ended 5 April 2015
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 10% reducing balance
2 Tangible fixed assets £
Cost
At 6 April 2014 174,026
At 5 April 2015 174,026
Depreciation
At 6 April 2014 9,694
Charge for the year 41
At 5 April 2015 9,735
Net book value
At 5 April 2015 164,291
At 5 April 2014 164,332
3 Investments £
Cost
At 6 April 2014 146,506
At 5 April 2015 146,506
4 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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