Moduron Limited

Moduron Limited

MODURON LIMITED - Company Information

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1 October 2016 false No description of principal activity Taxfiler 2018.5.Web 09500103business:PrivateLimitedCompanyLtd2016-10-012017-09-30 095001032016-09-30 095001032016-10-012017-09-30 09500103business:AuditExemptWithAccountantsReport2016-10-012017-09-30 09500103business:FullAccounts2016-10-012017-09-30 095001032017-09-30 09500103business:Director12016-10-012017-09-30 09500103business:RegisteredOffice2016-10-012017-09-30 095001032016-09-30 09500103core:WithinOneYear2017-09-30 09500103core:WithinOneYear2016-09-30 09500103core:ShareCapital2017-09-30 09500103core:ShareCapital2016-09-30 09500103core:RetainedEarningsAccumulatedLosses2017-09-30 09500103core:RetainedEarningsAccumulatedLosses2016-09-30 09500103business:SmallEntities2016-10-012017-09-30 09500103countries:EnglandWales2016-10-012017-09-30 09500103core:PlantMachinery2016-10-012017-09-30 09500103core:MotorVehicles2016-10-012017-09-30 09500103core:Goodwill2016-09-30 09500103core:Goodwill2017-09-30 09500103core:Goodwill2016-10-012017-09-30 09500103core:PlantMachinery2016-09-30 09500103core:PlantMachinery2017-09-30 095001032016-04-012016-09-30 iso4217:GBP xbrli:pure
Company Registration No. 09500103 (England and Wales)
Moduron Limited Unaudited accounts for the year ended 30 September 2017
Moduron Limited Unaudited accounts Contents
Page
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Moduron Limited Company Information for the year ended 30 September 2017
Director
Mr M C Honey
Company Number
09500103 (England and Wales)
Registered Office
Llwyneinon Uchaf Capel Iwan Newcastle Emlyn Carmarthenshire SA38 9LY
Accountants
Waltwood Accountants Bron Haul Johns Terrace, Carmel Llanelli Carmarthenshire SA14 7SD
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Moduron Limited Statement of financial position as at 30 September 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
7,991 
10,655 
Tangible assets
5
6,750 
9,000 
14,741 
19,655 
Current assets
Debtors
6
9,200 
6,731 
Cash at bank and in hand
4,681 
5,810 
13,881 
12,541 
Creditors: amounts falling due within one year
7
(22,757)
(7,381)
Net current (liabilities)/assets
(8,876)
5,160 
Net assets
5,865 
24,815 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,864 
24,814 
Shareholders' funds
5,865 
24,815 
For the year ending 30 September 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 June 2018.
Mr M C Honey Director Company Registration No. 09500103
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Moduron Limited Notes to the Accounts for the year ended 30 September 2017
1
Statutory information
Moduron Limited is a private company, limited by shares, registered in England and Wales, registration number 09500103. The registered office is Llwyneinon Uchaf, Capel Iwan, Newcastle Emlyn, Carmarthenshire, SA38 9LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2016. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2016
13,319 
At 30 September 2017
13,319 
Amortisation
At 1 October 2016
2,664 
Charge for the year
2,664 
At 30 September 2017
5,328 
Net book value
At 30 September 2017
7,991 
At 30 September 2016
10,655 
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Moduron Limited Notes to the Accounts for the year ended 30 September 2017
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2016
12,000 
At 30 September 2017
12,000 
Depreciation
At 1 October 2016
3,000 
Charge for the year
2,250 
At 30 September 2017
5,250 
Net book value
At 30 September 2017
6,750 
At 30 September 2016
9,000 
6
Debtors
2017 
2016 
£ 
£ 
Trade debtors
8,345 
6,315 
Other debtors
855 
416 
9,200 
6,731 
7
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
714 
600 
Taxes and social security
2,736 
3,953 
Loans from directors
19,307 
2,828 
22,757 
7,381 
8
Average number of employees
During the year the average number of employees was 1 (2016: 1).
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