Abbreviated Company Accounts - MEREUS LIMITED

08039610 MEREUS LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 08039610 2014-05-01 2015-04-30 08039610 2015-04-30 08039610 2014-04-30 08039610 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 08039610 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 08039610

MEREUS LIMITED

Abbreviated Accounts

30 April 2015

MEREUS LIMITED Registered Number 08039610

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	193	403
		193	403
Current assets
Debtors		19,386	988
Cash at bank and in hand		4,620	2,302
		24,006	3,290
Creditors: amounts falling due within one year		(556)	(54)
Net current assets (liabilities)		23,450	3,236
Total assets less current liabilities		23,643	3,639
Creditors: amounts falling due after more than one year		(278,982)	(278,982)
Total net assets (liabilities)		(255,339)	(275,343)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(255,340)	(275,344)
Shareholders' funds		(255,339)	(275,343)

For the year ending 30 April 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 25 January 2016

And signed on their behalf by:
Neil Panchen, Director

MEREUS LIMITED Registered Number 08039610

Notes to the Abbreviated Accounts for the period ended 30 April 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. The financial statements have been prepared on the going concern basis. The company is dependent upon its shareholder for financial support, which the directors are confident will continue for a period of at least another 12 months. At 30 April 2015, the company had net liabilities of £255,339 and made a profit of £20,004. The shareholder has indicated their present intention to provide adequate finance to enable the company to continue in operational existence and on this basis the directors consider that it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the shareholder.

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;

Computer equipment - 33.33% straight line

2Tangible fixed assets

	£
Cost
At 1 May 2014	631
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	631
Depreciation
At 1 May 2014	228
Charge for the year	210
On disposals	-
At 30 April 2015	438
Net book values
At 30 April 2015	193
At 30 April 2014	403

3Called Up Share Capital
Allotted, called up and fully paid:

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