Abbreviated Company Accounts - MAGNUM HOUSE LIMITED

Abbreviated Company Accounts - MAGNUM HOUSE LIMITED


Registered Number 03055501

MAGNUM HOUSE LIMITED

Abbreviated Accounts

31 May 2016

MAGNUM HOUSE LIMITED Registered Number 03055501

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Current assets
Debtors 100,000 -
Cash at bank and in hand 25,506 70,697
125,506 70,697
Creditors: amounts falling due within one year (105,418) (50,826)
Net current assets (liabilities) 20,088 19,871
Total assets less current liabilities 20,088 19,871
Total net assets (liabilities) 20,088 19,871
Capital and reserves
Called up share capital 100 100
Profit and loss account 19,988 19,771
Shareholders' funds 20,088 19,871
  • 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 27 January 2017

And signed on their behalf by:
F SHEENA, Director

MAGNUM HOUSE LIMITED Registered Number 03055501

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.