Money Relevance Limited - Limited company - abbreviated - 11.6

Money Relevance Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 07804002 (England and Wales)

















Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Money Relevance Limited

Money Relevance Limited (Registered number: 07804002)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Money Relevance Limited

Company Information
for the Year Ended 31 March 2014







DIRECTOR: J A Banks





SECRETARY: Mrs H L Banks





REGISTERED OFFICE: 42 Broomfield Road
Admaston
Telford
Shropshire
TF5 0AR





REGISTERED NUMBER: 07804002 (England and Wales)





ACCOUNTANTS: Tranter Lowe (Oakengates) Limited
Chartered Accountants
International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF

Money Relevance Limited (Registered number: 07804002)

Abbreviated Balance Sheet
31 March 2014

31.3.14 31.3.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 35,311 -
Tangible assets 3 8,913 -
44,224 -

CURRENT ASSETS
Debtors 2,046 2
Cash at bank 5,280 -
7,326 2
CREDITORS
Amounts falling due within one year 4 29,308 -
NET CURRENT (LIABILITIES)/ASSETS (21,982 ) 2
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,242

2

CREDITORS
Amounts falling due after more than one
year

4

(15,500
)
-

PROVISIONS FOR LIABILITIES (166 ) -
NET ASSETS 6,576 2

CAPITAL AND RESERVES
Called up share capital 5 100 2
Profit and loss account 6,476 -
SHAREHOLDERS' FUNDS 6,576 2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Money Relevance Limited (Registered number: 07804002)

Abbreviated Balance Sheet - continued
31 March 2014


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 5 November 2014 and were signed by:





J A Banks - Director


Money Relevance Limited (Registered number: 07804002)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2014

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
At 31st March 2014, the Company's Current Liabilities exceed Current Assets by £22,000. The director has
confirmed that he will continue to support the operations of the Company for the forseeable future.

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 37,169
At 31 March 2014 37,169
AMORTISATION
Amortisation for year 1,858
At 31 March 2014 1,858
NET BOOK VALUE

At 31 March 2014 35,311

Money Relevance Limited (Registered number: 07804002)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 9,419
At 31 March 2014 9,419
DEPRECIATION
Charge for year 506
At 31 March 2014 506
NET BOOK VALUE
At 31 March 2014 8,913

4. CREDITORS

Creditors include an amount of £ 8,500 for which security has been given.

They also include the following debts falling due in more than five years:

31.3.14 31.3.13
£    £   
Repayable otherwise than by instalments 10,000 -

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.14 31.3.13
value: £    £   
100 Ordinary 1.00 100 2