Abbreviated Company Accounts - MERLIN NEURORESEARCH G LTD.

Abbreviated Company Accounts - MERLIN NEURORESEARCH G LTD.


Registered Number 03301413

MERLIN NEURORESEARCH G LTD.

Abbreviated Accounts

31 January 2015

MERLIN NEURORESEARCH G LTD. Registered Number 03301413

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,099 488
1,099 488
Current assets
Stocks 22,597 -
22,597 -
Prepayments and accrued income 150 -
Creditors: amounts falling due within one year (61,682) (26,927)
Net current assets (liabilities) (38,935) (26,927)
Total assets less current liabilities (37,836) (26,439)
Total net assets (liabilities) (37,836) (26,439)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (37,838) (26,441)
Shareholders' funds (37,836) (26,439)
  • For the year ending 31 January 2015 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 October 2015

And signed on their behalf by:
Mr R T Hanbury, Director

MERLIN NEURORESEARCH G LTD. Registered Number 03301413

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their useful estimated lives.

Plant and machinery 25% reducing balance method

Valuation information and policy
Work in progress 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. Costs include all direct costs and an appropriate proportion of fixed and variable overheads.

Other accounting policies
Foreign currency
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. At the balance sheet date, monetary items denominated in foreign currencies are translated at the rate prevailing at the balance sheet date. All exchange rate differences are included in the profit and loss account.

2Tangible fixed assets
£
Cost
At 1 February 2014 25,288
Additions 977
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2015 26,265
Depreciation
At 1 February 2014 24,800
Charge for the year 366
On disposals 0
At 31 January 2015 25,166
Net book values
At 31 January 2015 1,099
At 31 January 2014 488
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2Ordinary shares of £1 each 2 2