Metals Focus Data Limited Accounts

METALS FOCUS DATA LIMITED - Company Information






Metals Focus Data Limited
	Company No. 08722708
		Abbreviated Accounts
		31 December 2015

at	31 December 2015

Company No.		08722708	Notes	2015	2014
				£	£





Current assets

	Debtors			22,630	8,467

	Cash at bank and in hand			76,187	71,015
				98,817	79,482
Creditors: Amounts falling due within one year				(64,685)	(81,779)
Net current assets/(liabilities)				34,132	(2,297)
Total assets less current liabilities				34,132	(2,297)




Net assets/(liabilities)				34,132	(2,297)

Capital and reserves
	Called up share capital		2	2	2
	Share premium account			1,998	1,998


	Profit and loss account			32,132	(4,297)

Shareholder's funds				34,132	(2,297)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 03 March 2016

And signed on its behalf by:

P.E. Newman
Director
03 March 2016

for the year ended 31 December 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) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Foreign currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are recorded in sterling using the exchange rate ruling at the date of the transaction.
Exchange differences are are taken into account in arriving at the operating profit.

Pension costs

Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.

2	Share Capital
		Nominal value	2015	2015	2014
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	2	2	2




				2	2