Microneedle Technologies Limited - Period Ending 2014-03-31

Registration number: 07054109

Microneedle Technologies Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

Microneedle Technologies Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Microneedle Technologies Limited (Registration number: 07054109 )
  Abbreviated Balance Sheet at 31 March 2014

		Note			2014 £			2013 £
Current assets
Debtors					157,276			205,635
Cash at bank and in hand					6,903			314
					164,179			205,949
Creditors: Amounts falling due within one year					(20,063)			(20,003)
Net assets					144,116			185,946
Capital and reserves
Called up share capital		2			10,000			10,000
Share premium account					325,500			325,500
Profit and loss account					(191,384)			(149,554)
Shareholders' funds					144,116			185,946

For the year ending 31 March 2014 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 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 8 December 2014

.........................................
D F H Chowdhury
Director

The notes on page 2 form an integral part of these financial statements.
  Page 1

Microneedle Technologies Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Research and development

Research and development expenditure is written off in the year in which it is incurred.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Shares of £1 each		10,000			10,000			10,000			10,000

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