Abbreviated Company Accounts - MOUNTWEST ACHIEVE LIMITED

MOUNTWEST ACHIEVE LIMITED - Company Information

SC389348 MOUNTWEST ACHIEVE LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true SC389348 2013-12-01 2014-11-30 SC389348 2014-11-30 SC389348 2013-11-30 SC389348 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 SC389348 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number SC389348

MOUNTWEST ACHIEVE LIMITED

Abbreviated Accounts

30 November 2014

MOUNTWEST ACHIEVE LIMITED Registered Number SC389348

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	7,235	8,255
Tangible assets	3	104,965	84,435
		112,200	92,690
Current assets
Stocks		942	2,100
Debtors		82,021	19,499
Cash at bank and in hand		231	7,700
		83,194	29,299
Creditors: amounts falling due within one year		(435,483)	(288,888)
Net current assets (liabilities)		(352,289)	(259,589)
Total assets less current liabilities		(240,089)	(166,899)
Creditors: amounts falling due after more than one year		(12,182)	(20,204)
Total net assets (liabilities)		(252,271)	(187,103)
Capital and reserves
Called up share capital	4	26,334	26,334
Share premium account		5,100	5,100
Profit and loss account		(283,705)	(218,537)
Shareholders' funds		(252,271)	(187,103)

For the year ending 30 November 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 30 September 2015

And signed on their behalf by:
Mr A B Cowie, Director

MOUNTWEST ACHIEVE LIMITED Registered Number SC389348

Notes to the Abbreviated Accounts for the period ended 30 November 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Rental equipment 20% straight line basis
Fittings and equipment 20% reducing balance
Computer equipment 33% straight line basis

Intangible assets amortisation policy
Lease 9% straight line basis

Valuation information and policy
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2Intangible fixed assets

	£
Cost
At 1 December 2013	11,328
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	11,328
Amortisation
At 1 December 2013	3,073
Charge for the year	1,020
On disposals	-
At 30 November 2014	4,093
Net book values
At 30 November 2014	7,235
At 30 November 2013	8,255

3Tangible fixed assets

	£
Cost
At 1 December 2013	98,989
Additions	39,470
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	138,459
Depreciation
At 1 December 2013	14,554
Charge for the year	18,940
On disposals	-
At 30 November 2014	33,494
Net book values
At 30 November 2014	104,965
At 30 November 2013	84,435

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
26,334 Ordinary shares of £1 each	26,334	26,334