MASUK_LIMITED - Accounts

MASUK LIMITED - Company Information

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Company Registration No. 08644720 (England and Wales)

MASUK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2014

MASUK LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

MASUK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2014

2014

Notes

Fixed assets

Intangible assets

54,720

Tangible assets

3,125

57,845

Current assets

Debtors

99,566

Cash at bank and in hand

13,090

112,656

Creditors: amounts falling due within one year

(80,966)

Net current assets

31,690

Total assets less current liabilities

89,535

Capital and reserves

Called up share capital

Profit and loss account

89,534

Shareholders' funds

89,535

MASUK LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 AUGUST 2014

For the financial period ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 10 December 2014

Mr M Sandom

Director

Company Registration No. 08644720

MASUK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 AUGUST 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

33% straight line

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 9 August 2013

Additions

54,720

4,663

59,383

At 31 August 2014

54,720

4,663

59,383

Depreciation

At 9 August 2013

Charge for the period

1,538

At 31 August 2014

1,538

Net book value

At 31 August 2014

54,720

3,125

57,845

MASUK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 AUGUST 2014

Share capital

2014

Allotted, called up and fully paid

1 Ordinary of £1 each

During the period 1 ordinary share of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.