Abbreviated Company Accounts - MALAMCO TRADING COMPANY LIMITED

Abbreviated Company Accounts - MALAMCO TRADING COMPANY LIMITED


Registered Number 01787248

MALAMCO TRADING COMPANY LIMITED

Abbreviated Accounts

5 April 2016

MALAMCO TRADING COMPANY LIMITED Registered Number 01787248

Abbreviated Balance Sheet as at 5 April 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 381 557
381 557
Current assets
Stocks 1,001,173 1,001,173
Debtors 1,454 10,825
Cash at bank and in hand 1,793,912 1,750,010
2,796,539 2,762,008
Creditors: amounts falling due within one year (34,268) (142,761)
Net current assets (liabilities) 2,762,271 2,619,247
Total assets less current liabilities 2,762,652 2,619,804
Creditors: amounts falling due after more than one year (211,649) (91,744)
Total net assets (liabilities) 2,551,003 2,528,060
Capital and reserves
Called up share capital 3 2,000 2,000
Profit and loss account 2,549,003 2,526,060
Shareholders' funds 2,551,003 2,528,060
  • For the year ending 5 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 November 2016

And signed on their behalf by:
Mr AL Rapp, Director

MALAMCO TRADING COMPANY LIMITED Registered Number 01787248

Notes to the Abbreviated Accounts for the period ended 5 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services supplied by company

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset , less its estimated residual value over the useful economic life of the asset as follows.
Equipment 10% straight line basis

2Tangible fixed assets
£
Cost
At 6 April 2015 1,757
Additions -
Disposals -
Revaluations -
Transfers -
At 5 April 2016 1,757
Depreciation
At 6 April 2015 1,200
Charge for the year 176
On disposals -
At 5 April 2016 1,376
Net book values
At 5 April 2016 381
At 5 April 2015 557
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2,000 Ordinary Shares shares of £1 each 2,000 2,000
2,000 Ordinary shares of £1 each 2,000 2,000