Micrarium Enterprises Limited - Accounts to registrar - small 16.3
Micrarium Enterprises Limited - Accounts to registrar - small 16.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st December 2016 |
| for |
| Micrarium Enterprises Limited |
| Micrarium Enterprises Limited (Registered number: 02325072) |
| Contents of the Financial Statements |
| for the Year Ended 31st December 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Micrarium Enterprises Limited |
| Company Information |
| for the Year Ended 31st December 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 28A Church Lane |
| Marple |
| Stockport |
| Cheshire |
| SK6 6DE |
| Micrarium Enterprises Limited (Registered number: 02325072) |
| Balance Sheet |
| 31st December 2016 |
| 31/12/16 | 31/12/15 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| Micrarium Enterprises Limited (Registered number: 02325072) |
| Balance Sheet - continued |
| 31st December 2016 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| Micrarium Enterprises Limited (Registered number: 02325072) |
| Notes to the Financial Statements |
| for the Year Ended 31st December 2016 |
| 1. | STATUTORY INFORMATION |
| Micrarium Enterprises Limited is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The principal accounting policies are summarised below. They have been applied consistently |
| throughout the year and the preceding year. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding |
| discounts, rebates, value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are |
| measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Patents, trademarks, licences and concessions |
| Patents, trademarks, licences and concessions are included at cost and amortised in equal annual |
| instalments over their estimated useful economic life. Provision is made for any impairment. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
| except to the extent that it relates to items recognised in other comprehensive income or directly in |
| equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that that have |
| been enacted or substantively enacted by the balance sheet date. |
| Micrarium Enterprises Limited (Registered number: 02325072) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2016 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
| different from those in which they are recognised in financial statements. Deferred tax is measured |
| using tax rates and laws that have been enacted or substantively enacted by the year end and that |
| are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is |
| probable that they will be recovered against the reversal of deferred tax liabilities or other future |
| taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Patents |
| and |
| licences |
| £ |
| COST |
| At 1st January 2016 |
| and 31st December 2016 |
| AMORTISATION |
| At 1st January 2016 |
| and 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st January 2016 |
| and 31st December 2016 |
| DEPRECIATION |
| At 1st January 2016 |
| Charge for year |
| At 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| Micrarium Enterprises Limited (Registered number: 02325072) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/16 | 31/12/15 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/16 | 31/12/15 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st January 2016 | ( |
) |
| Profit for the year |
| At 31st December 2016 | ( |
) |