Molini Limited - Limited company - abbreviated

REGISTERED NUMBER: 05601231 (England and Wales)

Molini Limited

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A S W Henry

SECRETARY:

Mrs L M Henry

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

05601231 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

2

2,252

2,844

CURRENT ASSETS

Debtors

13,005

13,885

Cash at bank

2,703

-

15,708

13,885

CREDITORS

Amounts falling due within one year

17,951

16,607

NET CURRENT LIABILITIES

(2,243

)

(2,722

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9

122

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

7

120

SHAREHOLDERS' FUNDS

9

122

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 December 2015 and were signed by:

A S W Henry - Director

1.	ACCOUNTING POLICIES

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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Bicycle

-

33% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

23,115

DEPRECIATION

At 1 April 2014

20,271

Charge for year

592

At 31 March 2015

20,863

NET BOOK VALUE

At 31 March 2015

2,252

At 31 March 2014

2,844

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

1

Ordinary

£1

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and 31 March 2014:

31.3.15

31.3.14

£

A S W Henry

Balance outstanding at start of year

5,045

-

Amounts advanced

2,477

5,045

Amounts repaid

-

Balance outstanding at end of year

7,522

5,045

5.	RELATED PARTY DISCLOSURES

During the year total dividends of £11,560 (2014: £7,600) were paid to the director and his spouse.

Molini Limited - Limited company - abbreviated - 11.9

Molini Limited - Limited company - abbreviated - 11.9