MIW_GLOBAL_LIMITED - Accounts

MIW GLOBAL LIMITED - Company Information

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Company Registration No. 07567445 (England and Wales)

MIW GLOBAL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

Taylor Associates

Chartered Accountants

MIW GLOBAL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MIW GLOBAL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

64,906

35,910

Cash at bank and in hand

1,640

2,449

66,546

38,359

Creditors: amounts falling due within one year

(68,911)

(40,115)

Total assets less current liabilities

(2,365)

(1,756)

Capital and reserves

Called up share capital

Profit and loss account

(2,366)

(1,757)

Shareholders' funds

(2,365)

(1,756)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 7 April 2017

Mr R Tobias

Director

Company Registration No. 07567445

MIW GLOBAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The accounts have been prepared on a going concern basis which is dependent on the continued support of the director.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each

Related party relationships and transactions

Advances and credits to directors

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr R Tobias

28,728

51,121

22,125

57,724

28,728

51,121

22,125

57,724