| MANGO LANDIN LIMITED |
| Registered number: |
04823451 |
| Abbreviated Balance Sheet |
| as at 31 July 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
4,215 |
|
|
5,620 |
|
| Current assets |
| Stocks |
|
|
4,655 |
|
|
4,157 |
| Debtors |
|
|
5,000 |
|
|
5,000 |
| Cash at bank and in hand |
|
|
3,064 |
|
|
2,039 |
|
|
|
12,719 |
|
|
11,196 |
|
| Creditors: amounts falling due within one year |
|
|
(47,585) |
|
|
(49,038) |
|
| Net current liabilities |
|
|
|
(34,866) |
|
|
(37,842) |
|
| Total assets less current liabilities |
|
|
|
(30,651) |
|
|
(32,222) |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(6,901) |
|
|
(4,487) |
|
|
|
| Net liabilities |
|
|
|
(37,552) |
|
|
(36,709) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(37,553) |
|
|
(36,710) |
|
| Shareholder's funds |
|
|
|
(37,552) |
|
|
(36,709) |
|
|
|
|
|
|
|
|
| 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 her 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| S Davies |
| Director |
| Approved by the board on 23 July 2014 |
|
| MANGO LANDIN LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 July 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
The Financial Statements have been prepared on a going concern basis as the company remains dependent on the financial support of its majority shareholer. The majority shareholder is committed to the company and intend to support it for a period of at least one year after the balance sheet date to ensure it is able to meet its debts as and when they fall due. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance method |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2012 |
29,096 |
|
At 31 July 2013 |
29,096 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2012 |
23,476 |
|
Charge for the year |
1,405 |
|
At 31 July 2013 |
24,881 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2013 |
4,215 |
|
At 31 July 2012 |
5,620 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
