Morkanto Limited - Accounts to registrar (filleted) - small 17.3

Morkanto Limited - Accounts to registrar (filleted) - small 17.3


IRIS Accounts Production v17.3.1.106 07814249 Board of Directors 1.7.16 30.6.17 30.6.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure078142492016-06-30078142492017-06-30078142492016-07-012017-06-30078142492015-06-30078142492015-07-012016-06-30078142492016-06-3007814249ns15:EnglandWales2016-07-012017-06-3007814249ns14:PoundSterling2016-07-012017-06-3007814249ns10:Director12016-07-012017-06-3007814249ns10:PrivateLimitedCompanyLtd2016-07-012017-06-3007814249ns10:SmallEntities2016-07-012017-06-3007814249ns10:AuditExempt-NoAccountantsReport2016-07-012017-06-3007814249ns10:SmallCompaniesRegimeForDirectorsReport2016-07-012017-06-3007814249ns10:SmallCompaniesRegimeForAccounts2016-07-012017-06-3007814249ns10:FullAccounts2016-07-012017-06-3007814249ns10:Director22016-07-012017-06-3007814249ns10:CompanySecretary12016-07-012017-06-3007814249ns10:RegisteredOffice2016-07-012017-06-3007814249ns5:CurrentFinancialInstruments2017-06-3007814249ns5:CurrentFinancialInstruments2016-06-3007814249ns5:ShareCapital2017-06-3007814249ns5:ShareCapital2016-06-3007814249ns5:RetainedEarningsAccumulatedLosses2017-06-3007814249ns5:RetainedEarningsAccumulatedLosses2016-06-3007814249ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-06-3007814249ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-06-3007814249ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2017-06-3007814249ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2016-06-30


REGISTERED NUMBER: 07814249 (England and Wales)















Morkanto Limited

Unaudited Financial Statements

for the Year Ended 30 June 2017






Morkanto Limited (Registered number: 07814249)






Contents of the Financial Statements
for the Year Ended 30 June 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Morkanto Limited

Company Information
for the Year Ended 30 June 2017







DIRECTORS: T Sneddon
Ms K Clark





SECRETARY: T Sneddon





REGISTERED OFFICE: Lakeside Offices
The Old Cattle Market
Coronation Park
Helston
Cornwall
TR13 0SR





REGISTERED NUMBER: 07814249 (England and Wales)





ACCOUNTANTS: Atkins Ferrie Chartered Accountants
Lakeside Offices
The Old Cattle Market
Coronation Park
Helston
Cornwall
TR13 0SR

Morkanto Limited (Registered number: 07814249)

Balance Sheet
30 June 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 4 100 285
Investments 5 22,901 24,630
23,001 24,915
CREDITORS
Amounts falling due within one year 6 600 1,200
NET CURRENT ASSETS 22,401 23,715
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,401

23,715

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,301 23,615
22,401 23,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 March 2018 and were signed on its behalf by:





Ms K Clark - Director


Morkanto Limited (Registered number: 07814249)

Notes to the Financial Statements
for the Year Ended 30 June 2017

1. STATUTORY INFORMATION

Morkanto Limited is a private company, limited by shares , registered in England and Wales. The company's registered
number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4. DEBTORS
2017 2016
£    £   
Amounts falling due within one year:
Other debtors 100 100

Amounts falling due after more than one year:
Other debtors - 185

Aggregate amounts 100 285

5. CURRENT ASSET INVESTMENTS
2017 2016
£    £   
Sneddonclark LLP 22,901 24,630

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 600 1,200