Abbreviated Company Accounts - MOSAIC AUDIO & VISUAL LTD

MOSAIC AUDIO & VISUAL LTD - Company Information

07958433 MOSAIC AUDIO & VISUAL LTD 2015-03-31 false 2014-04-01 2015-03-31 true 07958433 2014-04-01 2015-03-31 07958433 2015-03-31 07958433 2014-03-31 07958433 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07958433 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07958433

MOSAIC AUDIO & VISUAL LTD

Abbreviated Accounts

31 March 2015

MOSAIC AUDIO & VISUAL LTD Registered Number 07958433

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	2,013	3,019
Tangible assets	3	11,134	1,525
		13,147	4,544
Current assets
Debtors		22,112	36,744
Cash at bank and in hand		80,318	33,290
		102,430	70,034
Creditors: amounts falling due within one year		(100,727)	(73,719)
Net current assets (liabilities)		1,703	(3,685)
Total assets less current liabilities		14,850	859
Total net assets (liabilities)		14,850	859
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		14,750	759
Shareholders' funds		14,850	859

For the year ending 31 March 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 22 December 2015

And signed on their behalf by:
Mr Ognjan Mirkovic, Director

MOSAIC AUDIO & VISUAL LTD Registered Number 07958433

Notes to the Abbreviated Accounts for the period ended 31 March 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 VAT and 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:

Fixture, fittings & equipment 25% written down value
Motor Vehicle 25% written down value

2Intangible fixed assets

	£
Cost
At 1 April 2014	5,031
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	5,031
Amortisation
At 1 April 2014	2,012
Charge for the year	1,006
On disposals	-
At 31 March 2015	3,018
Net book values
At 31 March 2015	2,013
At 31 March 2014	3,019

3Tangible fixed assets

	£
Cost
At 1 April 2014	2,119
Additions	13,320
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	15,439
Depreciation
At 1 April 2014	594
Charge for the year	3,711
On disposals	-
At 31 March 2015	4,305
Net book values
At 31 March 2015	11,134
At 31 March 2014	1,525

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100