Morse Analytics Limited - Period Ending 2016-02-29

MORSE ANALYTICS LIMITED - Company Information

Registration number: 06495241

Morse Analytics Limited

Unaudited Abbreviated Accounts

for the Year Ended 29 February 2016

Morse Analytics Limited
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Morse Analytics Limited
for the Year Ended 29 February 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Morse Analytics Limited for the year ended 29 February 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Morse Analytics Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Morse Analytics Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Morse Analytics Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Morse Analytics Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Morse Analytics Limited. You consider that Morse Analytics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Morse Analytics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Morgan Cameron Limited
Chartered Accountants
9 Thorney Leys Park
Witney
Oxfordshire
OX28 4GE

8 July 2016

Page 1

Morse Analytics Limited
(Registration number: 06495241)
Abbreviated Balance Sheet at 29 February 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets	2	1,343	1,791
Current assets
Debtors		15,528	4,147
Cash at bank and in hand		39,879	57,993
		55,407	62,140
Creditors: Amounts falling due within one year		(46,028)	(40,568)
Net current assets		9,379	21,572
Net assets		10,722	23,363
Capital and reserves
Called up share capital	3	10	1
Profit and loss account		10,712	23,362
Shareholders' funds		10,722	23,363

For the year ending 29 February 2016 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 director acknowledges his 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 director on 8 July 2016

.........................................
M D Morse
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Morse Analytics Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... 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 January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the provision of 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	25% reducing balance basis

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 March 2015	3,175	3,175
At 29 February 2016	3,175	3,175
Depreciation
At 1 March 2015	1,384	1,384
Charge for the year	448	448
At 29 February 2016	1,832	1,832
Net book value
At 29 February 2016	1,343	1,343
At 28 February 2015	1,791	1,791

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary shares of £1 each		10	10		1	1

New shares allotted

During the year 9 ordinary shares having an aggregate nominal value of £9 were allotted for an aggregate consideration of £9. The shares were issued to improve the company's capital structure.

Page 3