Micro-entity Accounts - MMS BUSINESS LIMITED

Micro-entity Accounts - MMS BUSINESS LIMITED


Registered Number 05509431

MMS BUSINESS LIMITED

Micro-entity Accounts

31 July 2017

MMS BUSINESS LIMITED Registered Number 05509431

Micro-entity Balance Sheet as at 31 July 2017

Notes 2017 2016
£ £
Fixed Assets 105 158
Current Assets 8,570 6,250
Prepayments and accrued income 1,500 -
Creditors: amounts falling due within one year (12,511) (4,581)
Net current assets (liabilities) (2,441) 1,669
Total assets less current liabilities (2,336) 1,827
Total net assets (liabilities) (2,336) 1,827
Capital and reserves (2,336) 1,827
  • For the year ending 31 July 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 April 2018

And signed on their behalf by:
Mark Spolander, Director

Footnotes:
  • Advances and credits
    The Director Mr M. G. Spolander and his wife Mrs M. Spolander maintain a loan account with the company. At the start of the year Mr and Mrs Spolander were owed £2,423 by the company. During the year advances totalling £20,089 were made to Mr and Mrs Spolander and repayments totalling £26,669 were received from Mr and Mrs Spolander. At year end Mr and Mrs Spolander were owed £9,003.The maximum overdrawn balance in the year was £17,436, while the account was overdrawn interest on the loan was charged at the HMRC official rate of interest.