Company Registration No. 09500103 (England and Wales)
Moduron Limited
Unaudited accounts
for the period from 1 April 2016 to 30 September 2016
Moduron Limited
Unaudited accounts
Contents
Moduron Limited
Company Information
for the period from 1 April 2016 to 30 September 2016
Company Number
09500103 (England and Wales)
Registered Office
Llwyneinon Uchaf
Capel Iwan
Newcastle Emlyn
Carmarthenshire
SA38 9LY
Accountants
Waltwood Accountants
Bron Haul
Johns Terrace, Carmel
Llanelli
Carmarthenshire
SA14 7SD
Moduron Limited
Statement of financial position
as at 30 September 2016
Intangible assets
10,655
10,655
Cash at bank and in hand
5,810
4,551
Creditors: amounts falling due within one year
(7,381)
(15,003)
Net current assets/(liabilities)
5,160
(7,617)
Called up share capital
1
1
Profit and loss account
24,814
3,037
Shareholders' funds
24,815
3,038
For the period ending 30 September 2016 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 14 June 2017.
Mr M C Honey
Director
Company Registration No. 09500103
Moduron Limited
Notes to the Accounts
for the period from 1 April 2016 to 30 September 2016
Moduron Limited is a private company, limited by shares, registered in England and Wales, registration number 09500103. The registered office and principal place of business is Llwyneinon Uchaf, Capel Iwan, Newcastle Emlyn, Carmarthenshire, SA38 9LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 1 April 2016 to 30 September 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 September 2016
13,319
At 30 September 2016
2,664
At 30 September 2016
10,655
Moduron Limited
Notes to the Accounts
for the period from 1 April 2016 to 30 September 2016
5
Tangible fixed assets
Plant & machinery
At 30 September 2016
12,000
Charge for the period
3,000
At 30 September 2016
3,000
At 30 September 2016
9,000
6
Debtors
30/09/2016
31/03/2016
7
Creditors: amounts falling due within one year
30/09/2016
31/03/2016
Other taxes and social security costs
-
96
Loans from directors
2,828
13,548
8
Average number of employees
During the period the average number of employees was 1 (31/03/2016: 1).
