Moira PO Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07597033 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

MOIRA PO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs Jasbir Kaur

Mr Sukhdev Singh

REGISTERED OFFICE:

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

REGISTERED NUMBER:

07597033 (England and Wales)

ACCOUNTANTS:

Brindleys Limited

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

FIXED ASSETS

Intangible assets

2

22,500

24,000

Tangible assets

3

19,266

22,400

41,766

46,400

CURRENT ASSETS

Stocks

24,215

26,555

Debtors

9,854

11,344

Cash at bank and in hand

7,222

5,014

41,291

42,913

CREDITORS

Amounts falling due within one year

22,255

12,367

NET CURRENT ASSETS

19,036

30,546

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,802

76,946

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

60,702

76,846

SHAREHOLDERS' FUNDS

60,802

76,946

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 December 2016 and were signed on its behalf
by:

Mrs Jasbir Kaur - Director

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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty 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

-

15% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

30,000

AMORTISATION

At 1 April 2015

6,000

Amortisation for year

1,500

At 31 March 2016

7,500

NET BOOK VALUE

At 31 March 2016

22,500

At 31 March 2015

24,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

37,120

Additions

226

At 31 March 2016

37,346

DEPRECIATION

At 1 April 2015

14,720

Charge for year

3,360

At 31 March 2016

18,080

NET BOOK VALUE

At 31 March 2016

19,266

At 31 March 2015

22,400

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100