Abbreviated Company Accounts - MITCH SALONS LIMITED

Abbreviated Company Accounts - MITCH SALONS LIMITED

MITCH SALONS LIMITED - Company Information

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Registered Number 06758241

MITCH SALONS LIMITED

Abbreviated Accounts

30 November 2015

MITCH SALONS LIMITED Registered Number 06758241

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 7,602 8,848
7,602 8,848
Current assets
Debtors 4,114 3,617
Cash at bank and in hand 6,778 6,753
10,892 10,370
Creditors: amounts falling due within one year (15,309) (19,184)
Net current assets (liabilities) (4,417) (8,814)
Total assets less current liabilities 3,185 34
Creditors: amounts falling due after more than one year (809) (809)
Total net assets (liabilities) 2,376 (775)
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,276 (875)
Shareholders' funds 2,376 (775)
  • For the year ending 30 November 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 17 August 2016

And signed on their behalf by:
A D Bacon, Director

MITCH SALONS LIMITED Registered Number 06758241

Notes to the Abbreviated Accounts for the period ended 30 November 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 value added tax

Tangible assets depreciation policy
Equipment fixtures and fittings 15% on written down value

2Tangible fixed assets
£
Cost
At 1 December 2014 20,095
Additions 95
Disposals -
Revaluations -
Transfers -
At 30 November 2015 20,190
Depreciation
At 1 December 2014 11,247
Charge for the year 1,341
On disposals -
At 30 November 2015 12,588
Net book values
At 30 November 2015 7,602
At 30 November 2014 8,848