MERCHANT_TRADING_COMPANY_ - Accounts

MERCHANT TRADING COMPANY LIMITED - Company Information

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Company Registration No. 05386778 (England and Wales)

MERCHANT TRADING COMPANY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

MERCHANT TRADING COMPANY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MERCHANT TRADING COMPANY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Current assets

Cash at bank and in hand

Creditors: amounts falling due within one year

(212,687)

Total assets less current liabilities

(212,685)

Creditors: amounts falling due after more than one year

(751,381)

(964,068)

(964,066)

Capital and reserves

Called up share capital

100

Profit and loss account

(964,166)

Shareholders' funds

(964,066)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 December 2016

B Islam

Director

Company Registration No. 05386778

MERCHANT TRADING COMPANY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Going concern

These accounts have been prepared under the going concern concept.

Although they show net liabilities the director considers that actions has been taken to assist the company.

Non trading

The company was non-trading during the financial period.

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

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100