Abbreviated Company Accounts - MERCURY TECHNOLOGIES LIMITED

MERCURY TECHNOLOGIES LIMITED - Company Information

03980122 MERCURY TECHNOLOGIES LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 03980122 2013-05-01 2014-04-30 03980122 2014-04-30 03980122 2013-04-30 03980122 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 03980122 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 03980122

MERCURY TECHNOLOGIES LIMITED

Abbreviated Accounts

30 April 2014

MERCURY TECHNOLOGIES LIMITED Registered Number 03980122

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,233	1,378
		1,233	1,378
Current assets
Debtors		6,600	24,261
Cash at bank and in hand		6,205	13,652
		12,805	37,913
Creditors: amounts falling due within one year		(21,262)	(26,444)
Net current assets (liabilities)		(8,457)	11,469
Total assets less current liabilities		(7,224)	12,847
Total net assets (liabilities)		(7,224)	12,847
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(7,226)	12,845
Shareholders' funds		(7,224)	12,847

For the year ending 30 April 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 directors acknowledge their 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 Board on 27 January 2015

And signed on their behalf by:
Mr M Roxburgh, Director

MERCURY TECHNOLOGIES LIMITED Registered Number 03980122

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

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

Fixtures and fittings - 33% on cost and 25% on reducing balance

Other accounting policies
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 May 2013	6,421
Additions	565
Disposals	(1,013)
Revaluations	-
Transfers	-
At 30 April 2014	5,973
Depreciation
At 1 May 2013	5,043
Charge for the year	711
On disposals	(1,014)
At 30 April 2014	4,740
Net book values
At 30 April 2014	1,233
At 30 April 2013	1,378

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2