Abbreviated Company Accounts - MERSEYMOUNT LTD

04166494 MERSEYMOUNT LTD 2015-02-28 false 2014-03-01 2015-02-28 true 04166494 2014-03-01 2015-02-28 04166494 2015-02-28 04166494 2014-02-28 04166494 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 04166494 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 04166494

MERSEYMOUNT LTD

Abbreviated Accounts

28 February 2015

MERSEYMOUNT LTD Registered Number 04166494

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	280	373
		280	373
Current assets
Debtors	3	2,953	2,638
Cash at bank and in hand		11,400	17,430
		14,353	20,068
Creditors: amounts falling due within one year	4	(5,891)	(12,507)
Net current assets (liabilities)		8,462	7,561
Total assets less current liabilities		8,742	7,934
Total net assets (liabilities)		8,742	7,934
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		8,642	7,834
Shareholders' funds		8,742	7,934

For the year ending 28 February 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 13 November 2015

And signed on their behalf by:
A Connell, Director

MERSEYMOUNT LTD Registered Number 04166494

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
ACCOUNTING POLICIES:

The following accounting policies have been applied consistently in dealing with items
which are considered material in relation to the company's financial statements.

Basis of preparation:

The financial statements have been prepared in accordance with applicable accounting
standards and under the historical cost accounting rules.

Cash flow statement:

The company is exempt from the requirement of Financial Reporting Standard No1 to
to prepare a cash flow statement as it is entitled to the filing exemptions as a small
company.

Turnover policy
TURNOVER:

Turnover represents the amounts derived from the provision of rental income during the
year.

Turnover and operating profit:

Turnover and operating profit on ordinary activities is attributable to the company's
principal activity.

Tangible assets depreciation policy
Depreciation:

Depreciation is provided on tangible assets on the cost of the asset less estimated
residual value over the expected useful life as follows :

Fixtures, fittings and equipment: 20% per annum

2Tangible fixed assets

	£
Cost
At 1 March 2014	7,909
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	7,909
Depreciation
At 1 March 2014	7,536
Charge for the year	93
On disposals	-
At 28 February 2015	7,629
Net book values
At 28 February 2015	280
At 28 February 2014	373

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	2,953	2,638

4Creditors

	2015 £	2014 £
Secured Debts	5,981	12,507

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100