MY_BUSINESS_COMMUNICATION - Accounts

MY BUSINESS COMMUNICATIONS LIMITED - Company Information

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Company Registration No. 09409196 (England and Wales)

MY BUSINESS COMMUNICATIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

31 JANUARY 2016

3 Acorn Business Centre

Northarbour Road

Cosham

Portsmouth

United Kingdom

PO6 3TH

MY BUSINESS COMMUNICATIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

MY BUSINESS COMMUNICATIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

167

Current assets

Debtors

3,721

Cash at bank and in hand

7,254

10,975

Creditors: amounts falling due within one year

(10,870)

Net current assets

105

Total assets less current liabilities

272

Provisions for liabilities

(33)

239

Capital and reserves

Called up share capital

100

Profit and loss account

139

Shareholders' funds

239

MY BUSINESS COMMUNICATIONS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JANUARY 2016

- 2 -

For the financial period ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 October 2016

Mr. M Rajzowicz

Director

Company Registration No. 09409196

MY BUSINESS COMMUNICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JANUARY 2016

- 3 -

Accounting policies

1.1

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT ..

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Office equipment

25% Reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

MY BUSINESS COMMUNICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 JANUARY 2016

- 4 -

Fixed assets

Tangible assets

Cost

At 27 January 2015

Additions

224

At 31 January 2016

224

Depreciation

At 27 January 2015

Charge for the period

At 31 January 2016

Net book value

At 31 January 2016

167

Share capital

2016

Allotted, called up and fully paid

25 Ordinary A shares of £1 each

25 Ordinary B shares of £1 each

50 Ordinary C shares of £1 each

100

During the year 25 ordinary A shares, 25 ordinary B shares and 50 ordinary C shares, all of £1 each, were issued.

Related party relationships and transactions

The director maintains a loan account with the company. During the period £17,088 was advanced to the director and repayments were received totalling £14,154. At the balance sheet date the director owed the company £2,934.