Moatbrook Ltd - Limited company - abbreviated - 11.9
Moatbrook Ltd - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 May 2015 |
| for |
| Moatbrook Ltd |
| Moatbrook Ltd (Registered number: 06910981) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 May 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Moatbrook Ltd |
| Company Information |
| for the Year Ended 31 May 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Moatbrook Ltd (Registered number: 06910981) |
| Abbreviated Balance Sheet |
| 31 May 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Moatbrook Ltd (Registered number: 06910981) |
| Abbreviated Balance Sheet - continued |
| 31 May 2015 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| Moatbrook Ltd (Registered number: 06910981) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 May 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held |
| under finance leases are depreciated over their estimated useful lives or the lease term, whichever is |
| the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Going concern |
| After making enquiries the directors have a reasonable expectation that the company has adequate |
| resources to continue in operational existence for the foreseeable future. For this reason, they continue |
| to adopt the going concern basis in preparing the accounts. |
| The directors consider that no additional disclosures in respect of going concern are necessary for the |
| accounts to give a true and fair view. |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the contractual |
| arrangement, as either financial assets, financial liabilities or equity instruments. |
| An equity instrument is any contract that evidences a residual interest in the assets of the company |
| after deducting all of its liabilities. |
| Moatbrook Ltd (Registered number: 06910981) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 May 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| Additions |
| At 31 May 2015 |
| DEPRECIATION |
| At 1 June 2014 |
| Charge for year |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary share capital | £1 |
| 4. | RELATED PARTY DISCLOSURES |
| Managing director and 50% shareholder |
| 2015 | 2014 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| No amount has been written off this balance and the full amount is expected to be repayable. |
| No transactions with related parties were undertaken such as are required to be disclosed under |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |