Mustard Business Services Limited - Filleted accounts

MUSTARD BUSINESS SERVICES LIMITED - Company Information

Mustard Business Services Limited
Registered number:		09966816
Balance Sheet
as at 31 January 2017

Notes			2017
£
Current assets
Cash at bank and in hand		1,775

Creditors: amounts falling due within one year	2	(937)

Net current assets			838

Net assets			838

Capital and reserves
Called up share capital			2
Profit and loss account			836

Shareholder's funds			838

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Michael Barrows
Director
Approved by the board on 13 October 2017

Mustard Business Services Limited
Notes to the Accounts
for the year ended 31 January 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. Turnover includes revenue earned from the rendering of services. 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.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current period

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Creditors: amounts falling due within one year	2017
£

	Corporation tax	209
	Other creditors	728
		937


3	Other information

	Mustard Business Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	88 Calshot Road
	Great Barr
	Birmingham
	West Midlands
	B42 2BT