Abbreviated Company Accounts - 3MINUTI LTD

07038289 3MINUTI LTD 2013-12-31 false 2013-01-01 2013-12-31 true 07038289 2013-01-01 2013-12-31 07038289 2013-12-31 07038289 2012-12-31 07038289 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 07038289 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 07038289

3MINUTI LTD

Abbreviated Accounts

31 December 2013

3MINUTI LTD Registered Number 07038289

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		100	100
Fixed assets
Tangible assets	2	-	14,333
		-	14,333
Current assets
Stocks		32,778	32,778
Debtors		31	10,931
Cash at bank and in hand		6,709	3,820
		39,518	47,529
Creditors: amounts falling due within one year	3	(5,870)	(7,862)
Net current assets (liabilities)		33,648	39,667
Total assets less current liabilities		33,748	54,100
Creditors: amounts falling due after more than one year	3	(403,229)	(409,269)
Accruals and deferred income		(755)	(765)
Total net assets (liabilities)		(370,236)	(355,934)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(370,336)	(356,034)
Shareholders' funds		(370,236)	(355,934)

For the year ending 31 December 2013 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 20 June 2014

And signed on their behalf by:
I.S. Irons, Director

3MINUTI LTD Registered Number 07038289

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 net invoiced sales of goods and takings, excluding value added tax.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives as follows:
Plant & Machinery - 20% Straight Line
Furniture & Equipment - 25% Straight Line

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 January 2013	35,815
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	35,815
Depreciation
At 1 January 2013	21,482
Charge for the year	14,333
On disposals	-
At 31 December 2013	35,815
Net book values
At 31 December 2013	0
At 31 December 2012	14,333

3Creditors

	2013 £	2012 £
Non-instalment debts due after 5 years	403,229	409,269

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100