Abbreviated Company Accounts - MSLEXIA PUBLICATIONS LIMITED

MSLEXIA PUBLICATIONS LIMITED - Company Information

Registered Number 03374941

MSLEXIA PUBLICATIONS LIMITED

Abbreviated Accounts

31 May 2015

MSLEXIA PUBLICATIONS LIMITED Registered Number 03374941

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	21,634	1,100
		21,634	1,100
Current assets
Debtors		4,471	9,868
Cash at bank and in hand		213,628	214,155
		218,099	224,023
Prepayments and accrued income		13,093	10,801
Creditors: amounts falling due within one year		(19,045)	(1,669)
Net current assets (liabilities)		212,147	233,155
Total assets less current liabilities		233,781	234,255
Accruals and deferred income		(128,854)	(129,697)
Total net assets (liabilities)		104,927	104,558
Reserves
Income and expenditure account		104,927	104,558
Members' funds		104,927	104,558

For the year ending 31 May 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 17 December 2015

And signed on their behalf by:
D Taylor, Director

MSLEXIA PUBLICATIONS LIMITED Registered Number 03374941

Notes to the Abbreviated Accounts for the period ended 31 May 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 services provided net of VAT.

Tangible assets depreciation policy
Depreciation is provided, on cost, in equal annual instalments over the estimated lives of the assets. The rates of depreciation are as follows:
Computer Equipment - at the rate of 25% per annum
Computer Software - at the rate of 25% per annum
Office Equipment - at the rate of 25% per annum

Other accounting policies
Income Grants
Grants Receivable are released to income and expenditure account over the life of the project to which they relate. Grants retained to cover expenditure in future periods are shown as deferred income.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 June 2014	16,378
Additions	22,766
Disposals	(15,028)
Revaluations	-
Transfers	-
At 31 May 2015	24,116
Depreciation
At 1 June 2014	15,278
Charge for the year	2,232
On disposals	(15,028)
At 31 May 2015	2,482
Net book values
At 31 May 2015	21,634
At 31 May 2014	1,100