Abbreviated Company Accounts - MET TRADING LIMITED

MET TRADING LIMITED - Company Information

07385849 MET TRADING LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 07385849 2015-01-01 2015-12-31 07385849 2015-12-31 07385849 2014-12-31 07385849 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 07385849 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 07385849

MET TRADING LIMITED

Abbreviated Accounts

31 December 2015

MET TRADING LIMITED Registered Number 07385849

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	129,227	129,227
		129,227	129,227
Current assets
Debtors		106	1,366
Cash at bank and in hand		3,762	796
		3,868	2,162
Creditors: amounts falling due within one year		(10,526)	(20,931)
Net current assets (liabilities)		(6,658)	(18,769)
Total assets less current liabilities		122,569	110,458
Total net assets (liabilities)		122,569	110,458
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		122,568	110,457
Shareholders' funds		122,569	110,458

For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
Mark Thompson, Director

MET TRADING LIMITED Registered Number 07385849

Notes to the Abbreviated Accounts for the period ended 31 December 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 amounts receivable for services, exclusive of Value Added Tax.

Other accounting policies
Investments
Fixed asset investments are stated at sterling cost less provision for permanent diminution in value.

Going concern
These accounts are prepared on a going concern basis. The company is dependent upon the continuing support of its shareholder to fund its ongoing operations.

2Fixed assets Investments
Cost
At 1 January 2015 GBP 129,227
Additions in the year NIL
At 31 December 2015 GBP 129,227

Fixed asset investments comprise a minority interest position in Centar Limited, a company incorporated and registered in Guernsey at a cost of £123,663 together with a minority interest position in Margaret Lake Diamonds Ltd, a company incorporated and registered in Canada at a cost of £5,564.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary share of £1 each	1	1