More Talk Communications Limited - Abbreviated accounts 16.3
More Talk Communications Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Period 1 February 2015 to 29 February 2016 |
| for |
| More Talk Communications Limited |
| More Talk Communications Limited (Registered number: 07946131) |
| Contents of the Abbreviated Accounts |
| for the Period 1 February 2015 to 29 February 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| More Talk Communications Limited |
| Company Information |
| for the Period 1 February 2015 to 29 February 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| More Talk Communications Limited (Registered number: 07946131) |
| Abbreviated Balance Sheet |
| 29 February 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on by: |
| More Talk Communications Limited (Registered number: 07946131) |
| Notes to the Abbreviated Accounts |
| for the Period 1 February 2015 to 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 January 2015). |
| At 29 February 2016 the company had net liabilities of £24,018 (2015 - £23,859). Following a detailed review |
| of the financial projections for the forthcoming year the directors consider it appropriate to prepare the financial |
| statements on the going concern basis. |
| On 30 March 2016, 100% of the share capital of the company was acquired by Ciptex Ltd, a company controlled |
| by one of its director, Mr N J Barnett, who was also appointed a Director of More Talk Communications Ltd on |
| 1 April 2016. Ciptex Ltd will provide financial and management support to the company and has itself secured |
| investment funds during 2016. |
| The financial statements do not include any adjustments which may be necessary if the going concern assumption |
| was not appropriate. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| Cost |
| At 1 February 2015 |
| and 29 February 2016 |
| Depreciation |
| At 1 February 2015 |
| Charge for period |
| At 29 February 2016 |
| Net book value |
| At 29 February 2016 |
| At 31 January 2015 |
| More Talk Communications Limited (Registered number: 07946131) |
| Notes to the Abbreviated Accounts - continued |
| for the Period 1 February 2015 to 29 February 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary A | 0.001 |
| Ordinary B | 0.001 |
| Ordinary C | 0.001 |
| 211 | 211 |