Abbreviated Company Accounts - MSP LONDON LIMITED

Abbreviated Company Accounts - MSP LONDON LIMITED

MSP LONDON LIMITED - Company Information

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Registered Number 07620652

MSP LONDON LIMITED

Abbreviated Accounts

31 May 2016

MSP LONDON LIMITED Registered Number 07620652

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 - 56
- 56
Current assets
Debtors - 10,512
Cash at bank and in hand 2,744 1,261
2,744 11,773
Creditors: amounts falling due within one year (2,739) (1,774)
Net current assets (liabilities) 5 9,999
Total assets less current liabilities 5 10,055
Total net assets (liabilities) 5 10,055
Capital and reserves
Called up share capital 1 1
Profit and loss account 4 10,054
Shareholders' funds 5 10,055
  • For the year ending 31 May 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 16 January 2017

And signed on their behalf by:
M Solomon, Director

MSP LONDON LIMITED Registered Number 07620652

Notes to the Abbreviated Accounts for the period ended 31 May 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 net of VAT

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated as follows:

Fixtures, fitting & equipment 25% SLM

2Tangible fixed assets
£
Cost
At 1 June 2015 2,199
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 2,199
Depreciation
At 1 June 2015 2,143
Charge for the year 56
On disposals -
At 31 May 2016 2,199
Net book values
At 31 May 2016 0
At 31 May 2015 56