MUSCLE.INC.CO.UK LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 06841553 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

MUSCLE.INC.CO.UK LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

O C Beard

REGISTERED OFFICE:

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

REGISTERED NUMBER:

06841553 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Tangible assets

2

3,999

5,325

CURRENT ASSETS

Stocks

375

Debtors

16

247

Cash at bank and in hand

245

285

636

907

CREDITORS

Amounts falling due within one year

4,136

3,068

NET CURRENT LIABILITIES

(3,500

)

(2,161

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

499

3,164

PROVISIONS FOR LIABILITIES

-

70

NET ASSETS

499

3,094

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

498

3,093

SHAREHOLDERS' FUNDS

499

3,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 22 July 2016 and were signed by:

O C Beard - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Stocks

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

items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

7,400

DEPRECIATION

At 1 April 2015

2,075

Charge for year

1,326

At 31 March 2016

3,401

NET BOOK VALUE

At 31 March 2016

3,999

At 31 March 2015

5,325

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

1

4.	ULTIMATE CONTROLLING PARTY

The controlling party is O C Beard.