Abbreviated Company Accounts - MASTER YOUR TRANSITION LTD

MASTER YOUR TRANSITION LTD - Company Information

Registered Number 06713293

MASTER YOUR TRANSITION LTD

Abbreviated Accounts

31 October 2015

MASTER YOUR TRANSITION LTD Registered Number 06713293

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,876	7,419
		6,876	7,419
Current assets
Debtors		23,891	-
Cash at bank and in hand		26,269	40,285
		50,160	40,285
Creditors: amounts falling due within one year		(20,499)	(19,421)
Net current assets (liabilities)		29,661	20,864
Total assets less current liabilities		36,537	28,283
Total net assets (liabilities)		36,537	28,283
Capital and reserves
Called up share capital		10	10
Profit and loss account		36,527	28,273
Shareholders' funds		36,537	28,283

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 24 June 2016

And signed on their behalf by:
J B Miles, Director

MASTER YOUR TRANSITION LTD Registered Number 06713293

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

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 services, excluding VAT.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost less estimated residual value of all tangible
fixed assets by the reducing balance method over their expected useful lives. The rates
generally applicable are:

Computers 30% Reducing balance basis
Fixtures and fittings 15% Reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 November 2014	13,600
Additions	1,070
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	14,670
Depreciation
At 1 November 2014	6,181
Charge for the year	1,613
On disposals	-
At 31 October 2015	7,794
Net book values
At 31 October 2015	6,876
At 31 October 2014	7,419