Modron Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09204151 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 4 September 2014 to 30 September 2015

for

Modron Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J D Cheek

SECRETARY:

Miss L E Jeffery

REGISTERED OFFICE:

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

REGISTERED NUMBER:

09204151 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Tangible assets

2

613

CURRENT ASSETS

Stocks

200

Debtors

686

Cash at bank

520

1,406

CREDITORS

Amounts falling due within one year

7,614

NET CURRENT LIABILITIES

(6,208

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,595

)

PROVISIONS FOR LIABILITIES

123

NET LIABILITIES

(5,718

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(5,818

)

SHAREHOLDERS' FUNDS

(5,718

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 March 2016 and were signed by:

Mr J D Cheek - Director

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Going concern

The accounts have been prepared on a going concern basis on the assumption that the company has the full

support and funding from the director on an on-going basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

745

At 30 September 2015

745

DEPRECIATION

Charge for period

132

At 30 September 2015

132

NET BOOK VALUE

At 30 September 2015

613

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100