Moyni Limited - Limited company accounts 11.4
Moyni Limited - Limited company accounts 11.4
| REGISTERED NUMBER: |
| Report of the Director and |
| Financial Statements for the Year Ended 31 March 2014 |
| for |
| Moyni Limited |
| Moyni Limited (Registered number: 06193981) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Statement of Director's Responsibilities | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 7 |
| Moyni Limited |
| Company Information |
| for the Year Ended 31 March 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Moyni Limited (Registered number: 06193981) |
| Report of the Director |
| for the Year Ended 31 March 2014 |
| The director presents her report with the financial statements of the company for the year ended 31 March 2014. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of take away restaurant. |
| DIRECTOR |
| Her beneficial interest in the issued share capital of the company was as follows: |
| 31.3.14 | 1.4.13 |
| Ordinary £1 shares | 100 | 100 |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating |
| to small companies. |
| ON BEHALF OF THE BOARD: |
| Moyni Limited (Registered number: 06193981) |
| Statement of Director's Responsibilities |
| for the Year Ended 31 March 2014 |
| The director is responsible for preparing the Report of the Director and the financial statements in accordance with |
| applicable law and regulations. |
| Company law requires the director to prepare financial statements for each financial year. Under that law the director |
| has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting |
| Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve |
| the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company |
| and of the profit or loss of the company for that period. In preparing these financial statements, the director is required |
| to: |
| - | select suitable accounting policies and then apply them consistently; |
| - | make judgements and accounting estimates that are reasonable and prudent; |
| - | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
| The director is responsible for keeping adequate accounting records that are sufficient to show and explain the |
| company's transactions and disclose with reasonable accuracy at any time the financial position of the company and |
| enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for |
| safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud |
| and other irregularities. |
| Moyni Limited (Registered number: 06193981) |
| Profit and Loss Account |
| for the Year Ended 31 March 2014 |
| 31.3.14 | 31.3.13 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 3 |
| Interest payable and similar charges | 4 |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 5 |
| PROFIT FOR THE FINANCIAL YEAR |
| Deficit brought forward | ( |
) | ( |
) |
| DEFICIT CARRIED FORWARD | ( |
) | ( |
) |
| Moyni Limited (Registered number: 06193981) |
| Balance Sheet |
| 31 March 2014 |
| 31.3.14 | 31.3.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Stocks | 7 |
| Prepayments and accrued income |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges her 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. |
| Moyni Limited (Registered number: 06193981) |
| Balance Sheet - continued |
| 31 March 2014 |
| The financial statements were approved by the director on |
| Moyni Limited (Registered number: 06193981) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2014 |
| 1. | ACCOUNTING POLICIES |
| 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 goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | STAFF COSTS |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Wages and salaries |
| Social security costs |
| The average monthly number of employees during the year was as follows: |
| 31.3.14 | 31.3.13 |
| 3. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Depreciation - owned assets |
| Directors' remuneration |
| 4. | INTEREST PAYABLE AND SIMILAR CHARGES |
| Interest payable and similar charges includes the following: |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Bank loan interest | 1,594 | 1,861 |
| Moyni Limited (Registered number: 06193981) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2014 |
| 5. | TAXATION |
| Analysis of the tax charge |
| No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2014 nor for the year |
| ended 31 March 2013. |
| 6. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 April 2013 |
| Additions |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 7. | STOCKS |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Closing stock |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| VAT |
| Directors current account | 158,195 | 139,550 |
| Accrued expenses | 309 | - |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Bank loans - RBS..659 |
| Moyni Limited (Registered number: 06193981) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2014 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
| value: | £ | £ |
| Ordinary | £1 |