MRB Computing Limited - Period Ending 2015-10-31

Registration number: 07418949

MRB Computing Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2015
 

Clever Accounts Limited
Carrwood Park
Selby Road
Leeds
West Yorkshire
LS15 4LG

MRB Computing Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

MRB Computing Limited
(Registration number: 07418949)
Abbreviated Balance Sheet at 31 October 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					469			220
Current assets
Debtors					41			654
Cash at bank and in hand					53,696			58,961
					53,737			59,615
Creditors: Amounts falling due within one year					(14,475)			(25,012)
Net current assets					39,262			34,603
Net assets					39,731			34,823
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					39,631			34,723
Shareholders' funds					39,731			34,823

For the year ending 31 October 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 14 June 2016 and signed on its behalf by:

dl.signhere.2
.........................................
Mr MR Bortolozzo
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

MRB Computing Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33% Straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

MRB Computing Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2014		329			329
Additions		391			391
At 31 October 2015		720			720
Depreciation
At 1 November 2014		109			109
Charge for the year		142			142
At 31 October 2015		251			251
Net book value
At 31 October 2015		469			469
At 31 October 2014		220			220

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

Page 3