Abbreviated Company Accounts - MINIS-R-US LIMITED

MINIS-R-US LIMITED - Company Information

Registered Number 05776741

MINIS-R-US LIMITED

Abbreviated Accounts

28 June 2016

MINIS-R-US LIMITED Registered Number 05776741

Abbreviated Balance Sheet as at 28 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	3,525
Tangible assets	3	2,773	3,698
		2,773	7,223
Current assets
Stocks		100,000	123,160
Debtors		3,029	2,038
Cash at bank and in hand		1,750	609
		104,779	125,807
Creditors: amounts falling due within one year		(352,674)	(310,960)
Net current assets (liabilities)		(247,895)	(185,153)
Total assets less current liabilities		(245,122)	(177,930)
Total net assets (liabilities)		(245,122)	(177,930)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(245,124)	(177,932)
Shareholders' funds		(245,122)	(177,930)

For the year ending 28 June 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 14 March 2017

And signed on their behalf by:
T Stacey, Director

MINIS-R-US LIMITED Registered Number 05776741

Notes to the Abbreviated Accounts for the period ended 28 June 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 January 2015

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixtures, Fittings & Equipment - 25% Reducing Balance
Motor Vehicles - 25% Straight Line

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

Valuation information and policy
Stock
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 29 June 2015	17,625
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 June 2016	17,625
Amortisation
At 29 June 2015	14,100
Charge for the year	3,525
On disposals	-
At 28 June 2016	17,625
Net book values
At 28 June 2016	0
At 28 June 2015	3,525

3Tangible fixed assets

	£
Cost
At 29 June 2015	14,170
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 June 2016	14,170
Depreciation
At 29 June 2015	10,472
Charge for the year	925
On disposals	-
At 28 June 2016	11,397
Net book values
At 28 June 2016	2,773
At 28 June 2015	3,698