MOORBATH_SERVICES_LIMITED - Accounts

MOORBATH SERVICES LIMITED - Company Information

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Company Registration No. 06346891 (England and Wales)

MOORBATH SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

MOORBATH SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MOORBATH SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

29 FEBRUARY 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

7,278

9,044

Cash at bank and in hand

259

766

7,537

9,810

Creditors: amounts falling due within one year

(7,474)

(9,797)

Total assets less current liabilities

Capital and reserves

Called up share capital

Profit and loss account

Shareholders' funds

For the financial year ended 29 February 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 year 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 25 November 2016

M Rawles

Director

Company Registration No. 06346891

MOORBATH SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

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 and trade discounts.

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:

Land and buildings Leasehold

No depreciation is charged

Plant and machinery

20% straight line

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each

Related party relationships and transactions

Included within other debtors is an amount of £5,503 owed by M Rawles (2015: £1,314), the sole director and shareholder.