Mospace Limited - Abbreviated accounts 16.1

Mospace Limited - Abbreviated accounts 16.1

MOSPACE LIMITED - Company Information

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07487907 1.2.15 31.1.16 31.1.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure074879072015-01-31074879072016-01-31074879072015-02-012016-01-31074879072014-01-31074879072014-02-012015-01-31074879072015-01-3107487907ns12:England2015-02-012016-01-3107487907ns14:PoundSterling2015-02-012016-01-3107487907ns7:Director12015-02-012016-01-3107487907ns7:OrdinaryShareClass12015-02-012016-01-3107487907ns7:CompanySecretary2015-02-012016-01-3107487907ns7:RegisteredOffice2015-02-012016-01-3107487907ns7:EntityAccountantsOrAuditors2015-02-012016-01-3107487907ns5:FixturesFittings2015-02-012016-01-3107487907ns5:ComputerEquipment2015-02-012016-01-3107487907ns7:OrdinaryShareClass12016-01-3107487907ns7:OrdinaryShareClass12015-01-3107487907ns7:Director12015-01-3107487907ns7:Director12014-01-3107487907ns7:Director12014-02-012015-01-3107487907ns7:Director12016-01-3107487907ns7:Director12015-01-31
REGISTERED NUMBER: 07487907 (England and Wales)




















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

MOSPACE LIMITED

MOSPACE LIMITED (REGISTERED NUMBER: 07487907)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

MOSPACE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2016







DIRECTOR: G M Druce





SECRETARY: South West Registrar





REGISTERED OFFICE: 124 High Street
Midsomer Norton
Radstock
Bath
BA3 2DA





REGISTERED NUMBER: 07487907 (England and Wales)





ACCOUNTANTS: Pethericks and Gillard Limited
Chartered Accountants
124 High Street
Midsomer Norton
Bath
BA3 2DA
Page 1
MOSPACE LIMITED (REGISTERED NUMBER: 07487907)

ABBREVIATED BALANCE SHEET
31 JANUARY 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,648 2,026

CURRENT ASSETS
Debtors 24,122 27,745
Cash at bank 2,213 3,181
26,335 30,926
CREDITORS
Amounts falling due within one year 13,865 10,943
NET CURRENT ASSETS 12,470 19,983
TOTAL ASSETS LESS CURRENT
LIABILITIES
14,118
22,009

PROVISIONS FOR LIABILITIES 287 353
NET ASSETS 13,831 21,656

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 13,731 21,556
SHAREHOLDERS' FUNDS 13,831 21,656

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 9 September 2016 and were signed by:





G M Druce - Director


The notes form part of these abbreviated accounts

Page 2
MOSPACE LIMITED (REGISTERED NUMBER: 07487907)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

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 January 2015).

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.

Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015 4,102
Additions 170
At 31 January 2016 4,272
DEPRECIATION
At 1 February 2015 2,076
Charge for year 548
At 31 January 2016 2,624
NET BOOK VALUE
At 31 January 2016 1,648
At 31 January 2015 2,026

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 3 continued...
MOSPACE LIMITED (REGISTERED NUMBER: 07487907)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JANUARY 2016

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2016 and
31 January 2015:

2016 2015
£    £   
G M Druce
Balance outstanding at start of year 19,561 23,144
Amounts advanced 54,420 34,830
Amounts repaid (58,043 ) (38,413 )
Balance outstanding at end of year 15,938 19,561

The loan was repaid shortly after the year end.

Interest was charged, where appropriate, at the official rate.

Page 4