Mploy Solutions Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07696001 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

FOR

MPLOY SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N L Guest

G R Miller

SECRETARY:

G R Miller

REGISTERED OFFICE:

9 Dalby Court

Gadbrook Park

Northwich

Cheshire

CW9 7TN

REGISTERED NUMBER:

07696001 (England and Wales)

ACCOUNTANTS:

Howard Worth

Drake House

Gadbrook Park

Northwich

Cheshire

CW9 7RA

BANKERS:

National Westminster Bank Plc

P.O Box No. 6

The Bull Ring

Northwich

Cheshire

CW9 5BN

FIXED ASSETS

Tangible assets

2

25,130

28,431

CURRENT ASSETS

Stocks

17,585

4,687

Debtors

76,143

50,620

Cash at bank and in hand

98,172

71,469

191,900

126,776

CREDITORS

Amounts falling due within one year

151,588

95,551

NET CURRENT ASSETS

40,312

31,225

TOTAL ASSETS LESS CURRENT LIABILITIES

65,442

59,656

CREDITORS

Amounts falling due after more than one year

(44,800

)

(44,996

)

PROVISIONS FOR LIABILITIES

(4,997

)

(4,997

)

NET ASSETS

15,645

9,663

CAPITAL AND RESERVES

Called up share capital

3

201

5

Profit and loss account

15,444

9,658

SHAREHOLDERS' FUNDS

15,645

9,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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 14 October 2014 and were signed on its behalf by:

G R Miller - 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 April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents the value of services provided to customers during the period, net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

38,196

Additions

5,425

At 31 July 2014

43,621

DEPRECIATION

At 1 August 2013

9,765

Charge for year

8,726

At 31 July 2014

18,491

NET BOOK VALUE

At 31 July 2014

25,130

At 31 July 2013

28,431

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/14

31/7/13

value:

£

£

200

Ordinary A

£1

200

4

1

Ordinary B

£1

1

1

201

5

196 Ordinary A shares of £1 each were allotted and fully paid for cash at par during the year.

4.	ULTIMATE CONTROLLING PARTY

There is no individual ultimate controlling party of the company.