My Two Feet Limited - Abbreviated accounts 16.3

My Two Feet Limited - Abbreviated accounts 16.3

MY TWO FEET LIMITED - Company Information

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REGISTERED NUMBER: 08279769 (England and Wales)





















ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 DECEMBER 2014 TO 31 MARCH 2016

FOR

MY TWO FEET LIMITED

MY TWO FEET LIMITED (REGISTERED NUMBER: 08279769)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 DECEMBER 2014 TO 31 MARCH 2016




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 4

MY TWO FEET LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 DECEMBER 2014 TO 31 MARCH 2016







DIRECTOR: L Brown





REGISTERED OFFICE: 2 Laburnum Street
Stourbridge
West Midlands
DY8 4NX





REGISTERED NUMBER: 08279769 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MY TWO FEET LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of My Two Feet Limited for the period ended 31 March 2016 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of My Two Feet Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of My Two Feet Limited and state those matters that we have agreed to state to the director of My Two Feet Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than My Two Feet Limited director for our work or for this report.

It is your duty to ensure that My Two Feet Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of My Two Feet Limited. You consider that My Two Feet Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of My Two Feet Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


25 November 2016

This page does not form part of the abbreviated accounts

Page 2
MY TWO FEET LIMITED (REGISTERED NUMBER: 08279769)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 21,650 12,150
Tangible assets 3 5,521 3,443
27,171 15,593

CURRENT ASSETS
Stocks 175 195
Debtors 1,800 2,736
Cash at bank and in hand 2,213 189
4,188 3,120
CREDITORS
Amounts falling due within one year 29,847 17,312
NET CURRENT LIABILITIES (25,659 ) (14,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,512
1,401

PROVISIONS FOR LIABILITIES 722 687
NET ASSETS 790 714

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 789 713
SHAREHOLDERS' FUNDS 790 714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 25 November 2016 and were signed by:





L Brown - Director


The notes form part of these abbreviated accounts

Page 3
MY TWO FEET LIMITED (REGISTERED NUMBER: 08279769)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 DECEMBER 2014 TO 31 MARCH 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 10% on reducing balance
Computer equipment - 10% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2014 13,500
Additions 12,000
At 31 March 2016 25,500
AMORTISATION
At 1 December 2014 1,350
Amortisation for period 2,500
At 31 March 2016 3,850
NET BOOK VALUE

At 31 March 2016 21,650
At 30 November 2014 12,150

Page 4 continued...
MY TWO FEET LIMITED (REGISTERED NUMBER: 08279769)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 1 DECEMBER 2014 TO 31 MARCH 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2014 4,251
Additions 3,004
At 31 March 2016 7,255
DEPRECIATION
At 1 December 2014 808
Charge for period 926
At 31 March 2016 1,734
NET BOOK VALUE
At 31 March 2016 5,521
At 30 November 2014 3,443

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2014
value: £    £   
100 Ordinary 1p 1 1

Page 5