Money Money Money Limited - Limited company - abbreviated - 11.9

Money Money Money Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 05372376 (England and Wales)















Abbreviated Accounts for the Year Ended 29 February 2016

for

Money Money Money Limited

Money Money Money Limited (Registered number: 05372376)






Contents of the Abbreviated Accounts
for the Year Ended 29 February 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Money Money Money Limited

Company Information
for the Year Ended 29 February 2016







DIRECTORS: Mr M Cardillo-Stagno
Mrs C Cardillo-Stagno
Mr S Cardillo-Stagno





SECRETARY: Mrs C Cardillo-Stagno





REGISTERED OFFICE: 90 Station Road
Ainsdale
Southport
Merseyside
PR8 3HW





REGISTERED NUMBER: 05372376 (England and Wales)





ACCOUNTANTS: Verinder & Associates
Chartered Certified Accountants
and Chartered Accountants
1-3 Crosby Road South
Waterloo
Liverpool
Merseyside
L22 1RG

Money Money Money Limited (Registered number: 05372376)

Abbreviated Balance Sheet
29 February 2016

29.2.16 28.2.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 34,476 32,912

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6,490 9,441
Cash at bank - 1,282
11,490 15,723
CREDITORS
Amounts falling due within one year 45,369 48,083
NET CURRENT LIABILITIES (33,879 ) (32,360 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

597

552

CAPITAL AND RESERVES
Called up share capital 3 200 200
Profit and loss account 397 352
SHAREHOLDERS' FUNDS 597 552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 November 2016 and were signed on its behalf
by:





Mr M Cardillo-Stagno - Director


Money Money Money Limited (Registered number: 05372376)

Notes to the Abbreviated Accounts
for the Year Ended 29 February 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 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.

Fixtures and fittings - 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.

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. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015 74,817
Additions 13,056
At 29 February 2016 87,873
DEPRECIATION
At 1 March 2015 41,905
Charge for year 11,492
At 29 February 2016 53,397
NET BOOK VALUE
At 29 February 2016 34,476
At 28 February 2015 32,912

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.16 28.2.15
value: £    £   
200 Ordinary Shares 1 200 200