Abbreviated Company Accounts - MOORCUT DIRECT LIMITED

MOORCUT DIRECT LIMITED - Company Information

03223475 MOORCUT DIRECT LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 03223475 2015-05-01 2016-04-30 03223475 2016-04-30 03223475 2015-04-30 03223475 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 03223475 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 03223475

MOORCUT DIRECT LIMITED

Abbreviated Accounts

30 April 2016

MOORCUT DIRECT LIMITED Registered Number 03223475

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	13,365	17,280
		13,365	17,280
Current assets
Stocks		95,658	87,114
Debtors		63,807	60,921
Cash at bank and in hand		27,940	19,220
		187,405	167,255
Net current assets (liabilities)		187,405	167,255
Total assets less current liabilities		200,770	184,535
Creditors: amounts falling due after more than one year		(129,084)	(138,183)
Total net assets (liabilities)		71,686	46,352
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		71,586	46,252
Shareholders' funds		71,686	46,352

For the year ending 30 April 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:
S Rose, Director

MOORCUT DIRECT LIMITED Registered Number 03223475

Notes to the Abbreviated Accounts for the period ended 30 April 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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows,

Plant and Machinery - 20% Reducing Balance
Fixtures, fittings
and equipment - 15% Reducing Balance
Motor Vehicles - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 May 2015	57,530
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	57,530
Depreciation
At 1 May 2015	40,250
Charge for the year	3,915
On disposals	-
At 30 April 2016	44,165
Net book values
At 30 April 2016	13,365
At 30 April 2015	17,280

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100