Abbreviated Company Accounts - MORA-BUCK LIMITED

05863925 MORA-BUCK LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 05863925 2014-09-01 2015-08-31 05863925 2015-08-31 05863925 2014-08-31 05863925 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 05863925 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 05863925

MORA-BUCK LIMITED

Abbreviated Accounts

31 August 2015

MORA-BUCK LIMITED Registered Number 05863925

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	13,990	16,325
Tangible assets	3	4,896	5,278
		18,886	21,603
Current assets
Stocks		2,760	3,885
Debtors		9,887	12,307
Cash at bank and in hand		9,170	9,880
		21,817	26,072
Creditors: amounts falling due within one year		(51,812)	(56,128)
Net current assets (liabilities)		(29,995)	(30,056)
Total assets less current liabilities		(11,109)	(8,453)
Creditors: amounts falling due after more than one year		(42)	-
Provisions for liabilities		(557)	(540)
Total net assets (liabilities)		(11,708)	(8,993)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(11,808)	(9,093)
Shareholders' funds		(11,708)	(8,993)

For the year ending 31 August 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 20 May 2016

And signed on their behalf by:
J Mora-Buck, Director

MORA-BUCK LIMITED Registered Number 05863925

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 15% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 15 years.

2Intangible fixed assets

	£
Cost
At 1 September 2014	35,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	35,000
Amortisation
At 1 September 2014	18,675
Charge for the year	2,335
On disposals	-
At 31 August 2015	21,010
Net book values
At 31 August 2015	13,990
At 31 August 2014	16,325

3Tangible fixed assets

	£
Cost
At 1 September 2014	18,056
Additions	454
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	18,510
Depreciation
At 1 September 2014	12,778
Charge for the year	836
On disposals	-
At 31 August 2015	13,614
Net book values
At 31 August 2015	4,896
At 31 August 2014	5,278

Included above are assets held under finance leases or hire purchase contracts as follows:

Equipment - Net book value £248 (2014: NIL) - Depreciation charge £32 (2014: NIL)

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100