Abbreviated Company Accounts - METSONE LIMITED

03021462 METSONE LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 03021462 2012-12-01 2013-11-30 03021462 2013-11-30 03021462 2012-11-30 03021462 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 03021462 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 03021462

METSONE LIMITED

Abbreviated Accounts

30 November 2013

METSONE LIMITED Registered Number 03021462

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	5,450	3,325
		5,450	3,325
Current assets
Stocks		4,434	8,323
Debtors		77,392	10,999
Cash at bank and in hand		27,142	23,942
		108,968	43,264
Creditors: amounts falling due within one year		(77,891)	(43,711)
Net current assets (liabilities)		31,077	(447)
Total assets less current liabilities		36,527	2,878
Total net assets (liabilities)		36,527	2,878
Capital and reserves
Called up share capital	3	45,000	45,000
Profit and loss account		(8,473)	(42,122)
Shareholders' funds		36,527	2,878

For the year ending 30 November 2013 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 July 2014

And signed on their behalf by:
Mr H Nathwani, Director

METSONE LIMITED Registered Number 03021462

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with
the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the net value of goods and services, excluding value added tax.

Tangible assets depreciation policy
Plant and machinery - 10% on reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 December 2012	41,184
Additions	2,731
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	43,915
Depreciation
At 1 December 2012	37,859
Charge for the year	606
On disposals	-
At 30 November 2013	38,465
Net book values
At 30 November 2013	5,450
At 30 November 2012	3,325

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
45,000 Ordinary shares of £1 each	45,000	45,000