MUSHCORP LTD - Abbreviated accounts

Registered number

07694778

MUSHCORP LTD

Unaudited Abbreviated Accounts

30 June 2015

MUSHCORP LTD

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of MUSHCORP LTD for the year ended 30 June 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of MUSHCORP LTD for the year ended 30 June 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

HSK Accountancy Services Ltd
Chartered Accountants
Office 22, Ground Floor
The Tube Business Centre
86 North Street
Manchester
M8 8RA

29 March 2016

MUSHCORP LTD
Registered number:		07694778
Abbreviated Balance Sheet
as at 30 June 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		938			1,407

Current assets
Stocks		153,481			92,311
Cash at bank and in hand		4,309			3,661
		157,790			95,972

Creditors: amounts falling due within one year		(145,420)			(96,576)

Net current assets/(liabilities)			12,370			(604)

Net assets			13,308			803

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			13,208			703

Shareholder's funds			13,308			803

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.



Muhammad Mushtaq
Director
Approved by the board on 29 March 2016

MUSHCORP LTD
Notes to the Abbreviated Accounts
for the year ended 30 June 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 January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.


2	Tangible fixed assets					£

	Cost
	At 1 July 2014					2,345
	At 30 June 2015					2,345

	Depreciation
	At 1 July 2014					938
	Charge for the year					469
	At 30 June 2015					1,407

	Net book value
	At 30 June 2015					938
	At 30 June 2014					1,407


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100