Micro SciTech Limited - Filleted accounts

Micro SciTech Limited - Filleted accounts

MICRO SCITECH LIMITED - Company Information

Print Friendly Version

Micro SciTech Limited
Registered number: 02606810
Balance Sheet
as at 30 April 2017
Notes 2017 2016
£ £
Current assets
Debtors 3 267 159
Cash at bank and in hand 3,459 3,944
3,726 4,103
Creditors: amounts falling due within one year 4 (1,879) (495)
Net current assets 1,847 3,608
Net assets 1,847 3,608
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,845 3,606
Shareholders' funds 1,847 3,608
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
…………………………………………..
R J Miller
Director
Approved by the board on 19 July 2017
Micro SciTech Limited
Notes to the Accounts
for the year ended 30 April 2017
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 50% straight line
2 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2016 4,823
At 30 April 2017 4,823
Depreciation
At 1 May 2016 4,823
At 30 April 2017 4,823
Net book value
At 30 April 2017 -
3 Debtors 2017 2016
£ £
Customs & Excise 211 103
Other debtors 56 56
267 159
4 Creditors: amounts falling due within one year 2017 2016
£ £
Director's account 1,458 74
Other creditors 421 421
1,879 495
5 Other information
Micro SciTech Limited is a private company limited by shares and incorporated in England. Its registered office is:
21 Frankel Way
Biggleswade
SG18 8GY
Micro SciTech Limited 02606810 false 2016-05-01 2017-04-30 2017-04-30 VT Final Accounts June 2017 R J Miller No description of principal activity 02606810 core:WithinOneYear 2016-04-30 02606810 core:ShareCapital 2016-04-30 02606810 core:RetainedEarningsAccumulatedLosses 2016-04-30 02606810 2016-05-01 2017-04-30 02606810 bus:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30 02606810 bus:AuditExemptWithAccountantsReport 2016-05-01 2017-04-30 02606810 bus:Director40 2016-05-01 2017-04-30 02606810 countries:England 2016-05-01 2017-04-30 02606810 bus:FRS102 2016-05-01 2017-04-30 02606810 bus:FullAccounts 2016-05-01 2017-04-30 02606810 2017-04-30 02606810 core:WithinOneYear 2017-04-30 02606810 core:ShareCapital 2017-04-30 02606810 core:RetainedEarningsAccumulatedLosses 2017-04-30 02606810 core:PlantMachinery 2017-04-30 02606810 2016-04-30 02606810 core:PlantMachinery 2016-04-30 iso4217:GBP