Mechasoft Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03758095 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

MECHASOFT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P E Houldridge

Mrs T J Houldridge

SECRETARY:

Mrs T J Houldridge

REGISTERED OFFICE:

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

REGISTERED NUMBER:

03758095 (England and Wales)

ACCOUNTANTS:

Kingsmead Accounting Ltd

Chartered Accountants

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

FIXED ASSETS

Tangible assets

2

610

813

CURRENT ASSETS

Debtors

9,053

2,088

Cash at bank

12,844

5,271

21,897

7,359

CREDITORS

Amounts falling due within one year

14,567

12,862

NET CURRENT ASSETS/(LIABILITIES)

7,330

(5,503

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,940

(4,690

)

PROVISIONS FOR LIABILITIES

71

101

NET ASSETS/(LIABILITIES)

7,869

(4,791

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

7,769

(4,891

)

SHAREHOLDERS' FUNDS

7,869

(4,791

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 5 January 2017 and were
signed on its behalf by:

Mrs T J Houldridge - 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 services, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

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 etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

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 May 2015

and 30 April 2016

11,693

DEPRECIATION

At 1 May 2015

10,880

Charge for year

203

At 30 April 2016

11,083

NET BOOK VALUE

At 30 April 2016

610

At 30 April 2015

813

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100