MOTUS BIKE WEAR LIMITED - Accounts

MOTUS BIKE WEAR LIMITED - Accounts

MOTUS BIKE WEAR LIMITED - Company Information

Print Friendly Version

2015-09-01 true false Private Limited Company 06345905 2015-09-01 2016-08-31 06345905 2016-08-31 06345905 uk-bus:RegisteredOffice 2015-09-01 2016-08-31 06345905 uk-bus:AllEntityOfficers 2015-09-01 2016-08-31 06345905 uk-bus:EntityAccountantsOrAuditors 2015-09-01 2016-08-31 06345905 uk-bus:EntityAccountantsOrAuditors 2016-08-31 06345905 uk-gaap:WithinOneYear 2016-08-31 06345905 uk-bus:Director1 2015-09-01 2016-08-31 06345905 uk-bus:Director1 2016-08-31 06345905 uk-bus:Director1 2014-09-01 2015-08-31 06345905 2014-09-01 06345905 uk-bus:EntityBankers 2015-09-01 2016-08-31 06345905 uk-bus:CompanySecretary 2015-09-01 2016-08-31 06345905 uk-bus:EntityLawyersOrLegalAdvisers 2015-09-01 2016-08-31 06345905 2014-09-01 2015-08-31 06345905 2015-08-31 06345905 uk-gaap:WithinOneYear 2015-08-31 06345905 uk-bus:AllEntityOfficers 2014-09-01 2015-08-31 06345905 uk-bus:EntityAccountantsOrAuditors 2014-09-01 2015-08-31 06345905 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-09-01 2016-08-31 06345905 uk-gaap:MotorCars 2015-09-01 2016-08-31 06345905 uk-gaap:MotorCars 2016-08-31 06345905 uk-gaap:MotorCars 2015-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number : 06345905

 

 

 

MOTUS BIKE WEAR LIMITED


Abbreviated Accounts
 


Period of accounts

Start date: 01 September 2015

End date: 31 August 2016

MOTUS BIKE WEAR LIMITED
Contents Page
For the year ended 31 August 2016
As described in the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2016 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.



....................................................
Khan and Co accountants
Challenge House
Sherwood Drive
Bletchley
MK3 6DP
29 May 2017
1
 
 		 Notes
 		 2016
£		   2015
£
Fixed assets      
Tangible fixed assets 2 4,100    0 
4,100    0 
Current assets      
Stocks 80,000    100,000 
Debtors 3,332    4,596 
Cash at bank and in hand 2,725    12,005 
86,057    116,601 
Creditors: amount falling due within one year (81,666)   (101,723)
Net current assets 4,391    14,878 
Total assets less current liabilities 8,491    14,878 
Creditors: amount falling due more than one year 0    (23,733)
Net assets 8,491    (8,855)

Capital and reserves 		     
Called up share capital 100    100 
Profit and loss account 8,391    (8,955)
Shareholders funds 8,491    (8,855)


For the year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.
Signed on behalf of the board of directors


--------------------------------
Mahmood Khalid
Director

Date approved by the board: 29 May 2017
2
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Tangible fixed assets

Cost or Valuation Motor Vehicles   Total
  £   £
At 01 September 2015 -    - 
Additions 5,000    5,000 
Disposals -    - 
At 31 August 2016 5,000    5,000 
Depreciation
At 01 September 2015 -    - 
Charge for year 900    900 
On disposals -    - 
At 31 August 2016 900    900 
Net book values
At 31 August 2016 4,100    4,100 
At 31 August 2015 -    - 


3