With Momentum Limited - Abbreviated accounts

Registered number

04882638

With Momentum Limited

Abbreviated Accounts

31 March 2016

With Momentum Limited
Registered number:		04882638
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		3			436

Current assets
Debtors		800			-
Cash at bank and in hand		56,929			40,690
		57,729			40,690

Creditors: amounts falling due within one year		(26,485)			(12,801)

Net current assets			31,244			27,889

Net assets			31,247			28,325

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			31,147			28,225

Shareholders' funds			31,247			28,325

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



C Gledhill
Director
Approved by the board on 26 August 2016

With Momentum Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line
	Motor vehicles			25% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					5,629
	At 31 March 2016					5,629

	Depreciation
	At 1 April 2015					5,193
	Charge for the year					433
	At 31 March 2016					5,626

	Net book value
	At 31 March 2016					3
	At 31 March 2015					436


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		100		100