Abbreviated Company Accounts - MERLION TECHNOLOGIES LTD

Abbreviated Company Accounts - MERLION TECHNOLOGIES LTD


Registered Number 09183228

MERLION TECHNOLOGIES LTD

Abbreviated Accounts

31 August 2016

MERLION TECHNOLOGIES LTD Registered Number 09183228

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 38,236 37,236
38,236 37,236
Current assets
Cash at bank and in hand 33 476
33 476
Creditors: amounts falling due within one year (41,730) (37,974)
Net current assets (liabilities) (41,697) (37,498)
Total assets less current liabilities (3,461) (262)
Total net assets (liabilities) (3,461) (262)
Capital and reserves
Called up share capital 3 20 20
Profit and loss account (3,481) (282)
Shareholders' funds (3,461) (262)
  • 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 30 May 2017

And signed on their behalf by:
Mr Y Khromyak, Director

MERLION TECHNOLOGIES LTD Registered Number 09183228

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).

Other accounting policies
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).

Investments:
Fixed asset investments are stated at cost .


Consolidated Financial Statements:
The financial statements contain information about Merlion Technologies Ltd as an individual company and do not contain consolidated information as the parent of a group. The company has elected not to exercise the option conferred by Section 398 of the Companies Act 2006 for a parent company subject to the small companies regime to produce consolidated financial statements.

2Fixed assets Investments
Fixed assets Investments
£
Cost
At 1 September 2015 37,236
Additions 1,000
At 31 August 2016 38,236
At 31 August 2015 37,236

Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company Country of registration or Shares held
incorporation Class %
Pozamiatane.pl Poland Ordinary 68.70

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
10 Ordinary shares of £2 each 20 20