Moenia Homes Limited - Period Ending 2016-03-31

Registration number: 05377533

Moenia Homes Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Mr Ian M Anderson FCA
AIMS Accountants
43 Bradford Road
Tingley
Wakefield
WF3 1RG

Moenia Homes Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Moenia Homes Limited
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Moenia Homes Limited for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Moenia Homes Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Moenia Homes Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moenia Homes Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Moenia Homes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Moenia Homes Limited. You consider that Moenia Homes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Moenia Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Mr Ian M Anderson FCA
AIMS Accountants
43 Bradford Road
Tingley
Wakefield
WF3 1RG

30 December 2016

Page 1

Moenia Homes Limited
(Registration number: 05377533)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Current assets
Stocks					-			225,000
Cash at bank and in hand					278			3,326
					278			228,326
Creditors: Amounts falling due within one year					(184)			(184)
Total assets less current liabilities					94			228,142
Creditors: Amounts falling due after more than one year					(164,735)			(262,135)
Net liabilities					(164,641)			(33,993)
Capital and reserves
Called up share capital		2			2,000			2,000
Profit and loss account					(166,641)			(35,993)
Shareholders' deficit					(164,641)			(33,993)

For the year ending 31 March 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 December 2016 and signed on its behalf by:

.........................................
Mr Peter Murtough
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Moenia Homes Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		2,000			2,000			2,000			2,000

Page 3