Mountright Limited - Limited company - abbreviated

REGISTERED NUMBER: 07171261 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 MARCH 2013 TO 31 DECEMBER 2013

FOR

MOUNTRIGHT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

T S Homer

REGISTERED OFFICE:

2 Hilliards Court

Chester Business Park

Chester

Cheshire

CH4 9PX

REGISTERED NUMBER:

07171261 (England and Wales)

ACCOUNTANTS:

McLintocks Partnership Limited

Chartered Accountants

2 Hilliards Court

Chester Business Park

Chester

Cheshire

CH4 9PX

FIXED ASSETS

Tangible assets

2

659

477

CURRENT ASSETS

Stocks

67,212

45,849

Debtors

46,911

-

Cash at bank

4,220

42,987

118,343

88,836

CREDITORS

Amounts falling due within one year

80,571

32,340

NET CURRENT ASSETS

37,772

56,496

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,431

56,973

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

38,430

56,972

SHAREHOLDERS' FUNDS

38,431

56,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 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 30 September 2014 and were signed
by:

T S Homer - 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 April 2008).

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

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

709

Additions

284

At 31 December 2013

993

DEPRECIATION

At 1 March 2013

232

Charge for period

102

At 31 December 2013

334

NET BOOK VALUE

At 31 December 2013

659

At 28 February 2013

477

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

value:

£

1

Ordinary

£1

1

Mountright Limited - Limited company - abbreviated - 11.0.0

Mountright Limited - Limited company - abbreviated - 11.0.0