Murghanos Limited - Accounts


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Registered number
08326105
Murghanos Limited
Unaudited Accounts
for the year ended
31 December 2016
Murghanos Limited
Balance Sheet
as at 31 December 2016
Notes
2016
£
2015
£
Fixed assets
Tangible assets 16,722 17,766
16,722 17,766
Current assets
Stocks 689 705
Cash at bank and in hand 3,023 1,584
3,712 2,289
Creditors: amounts falling due within one year 18,590 18,112
Net current assets / (liabilities) (14,878) (15,823)
Total assets less current liabilities 1,844 1,943
Total net assets (liabilities) 1,844 1,943
Capital and reserves
Called up share capital 1 100
Profit and loss account 1,843 1,843
Shareholders' funds 1,844 1,943

Murghanos Limited
Balance Sheet
as at 31 December 2016



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 31 December 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.

Signed on behalf of the board of directors

...............................

Mrs S Akhtar

Director


Approved by the board on 31 July 2017

Company No: 08326105 (England and Wales)


Murghanos Limited
Notes to the Accounts
for the year ended 31 December 2016

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Changes in accounting standards, policies and estimates
The transition to a new accounting standard has resulted to some changes in the accounting policies. The nature of these changes, and any impact on the values displayed for the comparative period, are explained in the notes below where applicable.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Vehicles 5% Straight Line
Equipment 5% Straight Line
Fixtures & fittings 5% Straight Line