MPULSE_LIMITED - Accounts
MPULSE_LIMITED - Accounts
Company Registration No. 03033894 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(184,206 )
(129,170 )
Net current assets
Total assets less current liabilities
1,956
1,766
Capital and reserves
Called up share capital
3
Other reserves
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 31 December 2015
Director
Company Registration No. 03033894
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
Fixtures, fittings & equipment
1.5
Revenue recognition
Revenue is recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.
Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.
Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
12,164
Additions
501
At 31 March 2015
12,665
Depreciation
At 1 April 2014
11,891
Charge for the year
214
At 31 March 2015
12,105
Net book value
At 31 March 2015
560
At 31 March 2014
273
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid