Abbreviated Company Accounts - MIXED STREETS LIMITED

Abbreviated Company Accounts - MIXED STREETS LIMITED


Registered Number 08230930

MIXED STREETS LIMITED

Abbreviated Accounts

30 September 2016

MIXED STREETS LIMITED Registered Number 08230930

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Current assets
Stocks 625 500
Debtors 58 800
Cash at bank and in hand 861 410
1,544 1,710
Creditors: amounts falling due within one year (14,751) (7,525)
Net current assets (liabilities) (13,207) (5,815)
Total assets less current liabilities (13,207) (5,815)
Total net assets (liabilities) (13,207) (5,815)
Capital and reserves
Called up share capital 100 100
Profit and loss account (13,307) (5,915)
Shareholders' funds (13,207) (5,815)
  • For the year ending 30 September 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 June 2017

And signed on their behalf by:
E P Chuckwuma, Director

MIXED STREETS LIMITED Registered Number 08230930

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover policy
Turnover represents the value of sales during the year.

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.