Abbreviated Company Accounts - MOUNT F CONSULTING LIMITED

Abbreviated Company Accounts - MOUNT F CONSULTING LIMITED


Registered Number 07309876

MOUNT F CONSULTING LIMITED

Abbreviated Accounts

31 July 2016

MOUNT F CONSULTING LIMITED Registered Number 07309876

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 25,330 15,274
25,330 15,274
Current assets
Debtors 59,816 70,398
Investments 73,171 70,848
Cash at bank and in hand 141,597 88,569
274,584 229,815
Creditors: amounts falling due within one year (110,635) (91,175)
Net current assets (liabilities) 163,949 138,640
Total assets less current liabilities 189,279 153,914
Provisions for liabilities (1,662) (3,055)
Total net assets (liabilities) 187,617 150,859
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 187,616 150,858
Shareholders' funds 187,617 150,859
  • For the year ending 31 July 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 27 April 2017

And signed on their behalf by:
G J Hambro, Director

MOUNT F CONSULTING LIMITED Registered Number 07309876

Notes to the Abbreviated Accounts for the period ended 31 July 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.

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).

Turnover policy
Turnover represents amounts receivable for consultancy services provided net of VAT

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provide at rates calculated to write off the cost less estimated residual value of the each assets over its expected useful life, as follow:
Fixtures, fittings & equipment : 25%on reducing balance
Motor Vehicles : 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 August 2015 27,673
Additions 18,500
Disposals -
Revaluations -
Transfers -
At 31 July 2016 46,173
Depreciation
At 1 August 2015 12,399
Charge for the year 8,444
On disposals -
At 31 July 2016 20,843
Net book values
At 31 July 2016 25,330
At 31 July 2015 15,274
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1