Abbreviated Company Accounts - MAMBA LABELS LIMITED

MAMBA LABELS LIMITED - Company Information

05744291 MAMBA LABELS LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 05744291 2015-09-01 2016-08-31 05744291 2016-08-31 05744291 2015-08-31 05744291 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05744291 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 05744291

MAMBA LABELS LIMITED

Abbreviated Accounts

31 August 2016

MAMBA LABELS LIMITED Registered Number 05744291

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	27,606	36,384
		27,606	36,384
Current assets
Stocks		8,750	9,500
Debtors		168,646	169,159
Cash at bank and in hand		38,452	15,566
		215,848	194,225
Creditors: amounts falling due within one year		(90,719)	(111,545)
Net current assets (liabilities)		125,129	82,680
Total assets less current liabilities		152,735	119,064
Total net assets (liabilities)		152,735	119,064
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		152,734	119,063
Shareholders' funds		152,735	119,064

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 22 May 2017

And signed on their behalf by:
G McCay, Director

MAMBA LABELS LIMITED Registered Number 05744291

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 comprises the invoiced value of goods supplied by the company net of value added tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their expected useful lives on the following basis:
Plant and Equipment 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2015	72,987
Additions	424
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	73,411
Depreciation
At 1 September 2015	36,603
Charge for the year	9,202
On disposals	-
At 31 August 2016	45,805
Net book values
At 31 August 2016	27,606
At 31 August 2015	36,384

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1