Abbreviated Company Accounts - SUNSHINE MOONSHINE LIMITED

SUNSHINE MOONSHINE LIMITED - Company Information

07642027 SUNSHINE MOONSHINE LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 07642027 2015-06-01 2016-05-31 07642027 2016-05-31 07642027 2015-05-31 07642027 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 07642027 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 07642027

SUNSHINE MOONSHINE LIMITED

Abbreviated Accounts

31 May 2016

SUNSHINE MOONSHINE LIMITED Registered Number 07642027

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	69,041	72,675
Tangible assets	3	53,842	37,313
		122,883	109,988
Current assets
Stocks		2,000	3,876
Debtors		2,342	1,889
Cash at bank and in hand		1,893	757
		6,235	6,522
Creditors: amounts falling due within one year		(199,579)	(163,413)
Net current assets (liabilities)		(193,344)	(156,891)
Total assets less current liabilities		(70,461)	(46,903)
Total net assets (liabilities)		(70,461)	(46,903)
Capital and reserves
Called up share capital	4	7,150	7,150
Share premium account		27,850	27,850
Profit and loss account		(105,461)	(81,903)
Shareholders' funds		(70,461)	(46,903)

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 28 February 2017

And signed on their behalf by:
R Baker, Director

SUNSHINE MOONSHINE LIMITED Registered Number 07642027

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 200The financial statements are presented in sterling which is the functional currency of the company. 6.

Turnover policy
The company`s turnover represents the value, excluding Value Added Tax, of goods and services supplied to customers during the year.

Tangible assets depreciation policy
Leasehold property - equal instalments over the period of the lease

Plant and machinery - 15% per annum of cost

Fixtures and fittings - 15% per annum of cost

Motor vehicles - 20% per annum of cost

Intangible assets amortisation policy
Goodwill is being amortised in equal instalments over 20 years

Other accounting policies
The directors have indicated their intention to continue to support the company for the foreseeable future

2Intangible fixed assets

	£
Cost
At 1 June 2015	76,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	76,500
Amortisation
At 1 June 2015	3,825
Charge for the year	3,634
On disposals	-
At 31 May 2016	7,459
Net book values
At 31 May 2016	69,041
At 31 May 2015	72,675

3Tangible fixed assets

	£
Cost
At 1 June 2015	44,981
Additions	24,791
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	69,772
Depreciation
At 1 June 2015	7,668
Charge for the year	8,262
On disposals	-
At 31 May 2016	15,930
Net book values
At 31 May 2016	53,842
At 31 May 2015	37,313

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
7,150 Ordinary shares of £1 each	7,150	7,150