MP Software Solutions Limited,Ltd - Accounts


2013-05-01 true false Private Limited Company 08042009 2014-04-30 08042009 2013-05-01 2014-04-30 08042009 2013-04-30 08042009 2012-04-23 2013-04-30 08042009 uk-bus:Director1 2013-05-01 2014-04-30 08042009 uk-gaap:ComputerEquipment 2013-05-01 2014-04-30 08042009 uk-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP
MP Software Solutions Limited
For the year ended 30 April 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08042009
2
Contents Page
MP Software Solutions Limited
For the year ended 30 April 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
MP Software Solutions Limited
Accountants' Report
For the year ended 30 April 2014
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the
accounts of MP Software Solutions Limited for the year ended 30 April 2014 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's accounting records and from information
and explanations you have given us.
As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other
professional requirements which are detailed at http://rulebook.accaglobal.com.
This report is made solely to the Board of Directors of MP Software Solutions Limited, as a body, in accordance
with the terms of our engagement letter dated 8 August 2012. Our work has been undertaken solely to prepare for
your approval the accounts of MP Software Solutions Limited and state those matters that we have agreed to state
to the Board of Directors of MP Software Solutions Limited, as a body, in this report in accordance with the
requirements of the Association of Chartered Certified Accountants and as detailed at
http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than MP Software Solutions Limited and its Board of Directors as a body for our work
or for this report.
It is your duty to ensure that MP Software Solutions Limited has kept adequate accounting records and to prepare
statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MP Software
Solutions Limited. You consider that MP Software Solutions Limited is exempt from the statutory audit requirement
for the year.
Thankey & Company
Chartered Certified Accountants &
Registered Auditors
98 Grosvenor Road
Ilford Essex
IG11LA
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4
Abbreviated Balance Sheet
MP Software Solutions Limited
As at 30 April 2014
08042009
Registered Number :
£
£
2014
Notes
2013
Fixed assets
Tangible assets
2
4,108
2,975
4,108
2,975
Current assets
Debtors
14,490
12,474
Cash at bank and in hand
137,641
104,001
150,115
118,491
Creditors: amounts falling due within one year
(56,614)
(35,059)
61,877
115,056
Net current assets
Total assets less current liabilities
119,164
64,852
119,164
Net assets
64,852
Capital and reserves
Called up share capital
1
3
1
Profit and loss account
119,163
64,851
119,164
64,852
Shareholders funds
For the year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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.
Date approved by the board: 05 January 2015
Mitul Suryakant Patel Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
MP Software Solutions Limited
For the year ended 30 April 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment
15% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
3,500
At 01 May 2013
1,858
Additions
At 30 April 2014
5,358
Depreciation
525
At 01 May 2013
725
Charge for year
1,250
At 30 April 2014
Net book values
At 30 April 2014
4,108
2,975
At 30 April 2013
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6
Notes to the Abbreviated Financial Statements
MP Software Solutions Limited
For the year ended 30 April 2014
3 Share capital
Authorised
100 Ordinary shares of £1.00 each
Allotted called up and fully paid
2014
2013
£
£
1 Ordinary shares of £1.00 each
1
1
1
1
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