Abbreviated Company Accounts - MAYFLOWER RESOURCES LIMITED

Abbreviated Company Accounts - MAYFLOWER RESOURCES LIMITED

MAYFLOWER RESOURCES LIMITED - Company Information

Print Friendly Version

Registered Number 06405799

MAYFLOWER RESOURCES LIMITED

Abbreviated Accounts

31 October 2013

MAYFLOWER RESOURCES LIMITED Registered Number 06405799

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 9,200 9,200
Tangible assets 3 256 342
9,456 9,542
Current assets
Stocks 15,876 11,286
Debtors 72,000 4,699
Cash at bank and in hand 236,221 15,206
324,097 31,191
Creditors: amounts falling due within one year (113,366) (14,380)
Net current assets (liabilities) 210,731 16,811
Total assets less current liabilities 220,187 26,353
Total net assets (liabilities) 220,187 26,353
Capital and reserves
Called up share capital 1 1
Profit and loss account 220,186 26,352
Shareholders' funds 220,187 26,353
  • For the year ending 31 October 2013 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 18 June 2014

And signed on their behalf by:
Mr.K Patel, Director

MAYFLOWER RESOURCES LIMITED Registered Number 06405799

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line

2Intangible fixed assets
£
Cost
At 1 November 2012 9,200
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2013 9,200
Amortisation
At 1 November 2012 -
Charge for the year -
On disposals -
At 31 October 2013 -
Net book values
At 31 October 2013 9,200
At 31 October 2012 9,200
3Tangible fixed assets
£
Cost
At 1 November 2012 428
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2013 428
Depreciation
At 1 November 2012 86
Charge for the year 86
On disposals -
At 31 October 2013 172
Net book values
At 31 October 2013 256
At 31 October 2012 342