Mwezi Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08388123 (England and Wales)

MWEZI LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 4 FEBRUARY 2013 TO 28 FEBRUARY 2014

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Sherry

J E Goddard

P F Clements-Hunt

P D Evans

REGISTERED OFFICE:

Clock Barn

Little Baldon

Oxford

OX44 9PU

REGISTERED NUMBER:

08388123 (England and Wales)

ACCOUNTANTS:

Haines & Company

Chartered Certified Accountant

10a St Martins Street

Wallingford

Oxfordshire

OX10 0AL

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Mwezi Limited for the period ended 28 February 2014 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Mwezi Limited, as a body, in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mwezi

Limited and state those matters that we have agreed to state to the Board of Directors of Mwezi Limited, as a body, in

this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mwezi Limited has kept adequate accounting records and to prepare statutory financial

statements that give a true and fair view of the assets, liabilities, financial position and loss of Mwezi Limited. You

consider that Mwezi Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Mwezi Limited. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines & Company

Chartered Certified Accountant

10a St Martins Street

Wallingford

Oxfordshire

OX10 0AL

4 November 2014

FIXED ASSETS

Tangible assets

2

21,411

CURRENT ASSETS

Stocks

8,379

Debtors

1,537

Cash at bank and in hand

13,884

23,800

CREDITORS

Amounts falling due within one year

(25,003

)

NET CURRENT LIABILITIES

(1,203

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,208

CAPITAL AND RESERVES

Called up share capital

3

513

Share premium

62,438

Profit and loss account

(42,743

)

SHAREHOLDERS' FUNDS

20,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 4 November 2014 and were signed on its behalf by:

M Sherry - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value of work done in the year, including estimates of amounts not invoiced.

Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the

stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Software

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

25,174

At 28 February 2014

25,174

DEPRECIATION

Charge for period

3,763

At 28 February 2014

3,763

NET BOOK VALUE

At 28 February 2014

21,411

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

4,500

Ordinary

10p

450

525

Ordinary B

10p

63

513