Abbreviated Company Accounts - MRW ENTERPRISES LIMITED

Abbreviated Company Accounts - MRW ENTERPRISES LIMITED

MRW ENTERPRISES LIMITED - Company Information

Print Friendly Version

Registered Number SC429576

MRW ENTERPRISES LIMITED

Abbreviated Accounts

31 August 2016

MRW ENTERPRISES LIMITED Registered Number SC429576

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Called up share capital not paid 1 1
Fixed assets
Tangible assets 2 1,190 1,696
1,190 1,696
Current assets
Debtors 6,150 5,700
Cash at bank and in hand 18,214 17,878
24,364 23,578
Creditors: amounts falling due within one year (25,237) (23,194)
Net current assets (liabilities) (873) 384
Total assets less current liabilities 318 2,081
Total net assets (liabilities) 318 2,081
Capital and reserves
Called up share capital 1 1
Profit and loss account 317 2,080
Shareholders' funds 318 2,081
  • For the year ending 31 August 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 31 October 2016

And signed on their behalf by:
Matthew Ward, Director

MRW ENTERPRISES LIMITED Registered Number SC429576

Notes to the Abbreviated Accounts for the period ended 31 August 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 April 2008.

Turnover policy
Turnover represents the total invoice value, Excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residential value of each asset over its expected useful life, as follows;

Fixtures,fittings and equipment - 25% straight line

2Tangible fixed assets
£
Cost
At 1 September 2015 3,023
Additions 334
Disposals -
Revaluations -
Transfers -
At 31 August 2016 3,357
Depreciation
At 1 September 2015 1,327
Charge for the year 840
On disposals -
At 31 August 2016 2,167
Net book values
At 31 August 2016 1,190
At 31 August 2015 1,696