Microselect Limited - Accounts to registrar (filleted) - small 18.1

Microselect Limited - Accounts to registrar (filleted) - small 18.1

MICROSELECT LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.1.2.30 08171997 director 1.9.16 31.8.17 31.8.17 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure081719972016-08-31081719972017-08-31081719972016-09-012017-08-31081719972015-08-31081719972015-09-012016-08-31081719972016-08-3108171997ns15:EnglandWales2016-09-012017-08-3108171997ns14:PoundSterling2016-09-012017-08-3108171997ns10:Director12016-09-012017-08-3108171997ns10:PrivateLimitedCompanyLtd2016-09-012017-08-3108171997ns10:SmallEntities2016-09-012017-08-3108171997ns10:AuditExempt-NoAccountantsReport2016-09-012017-08-3108171997ns10:SmallCompaniesRegimeForDirectorsReport2016-09-012017-08-3108171997ns10:SmallCompaniesRegimeForAccounts2016-09-012017-08-3108171997ns10:AbridgedAccounts2016-09-012017-08-310817199712016-09-012017-08-3108171997ns10:OrdinaryShareClass12016-09-012017-08-3108171997ns10:RegisteredOffice2016-09-012017-08-3108171997ns5:CurrentFinancialInstruments2017-08-3108171997ns5:CurrentFinancialInstruments2016-08-3108171997ns5:ShareCapital2017-08-3108171997ns5:ShareCapital2016-08-3108171997ns5:RetainedEarningsAccumulatedLosses2017-08-3108171997ns5:RetainedEarningsAccumulatedLosses2016-08-3108171997ns5:NetGoodwill2016-09-012017-08-3108171997ns5:IntangibleAssetsOtherThanGoodwill2016-09-012017-08-3108171997ns10:OrdinaryShareClass12017-08-31


REGISTERED NUMBER: 08171997 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017

FOR

MICROSELECT LIMITED
MICROSELECT LIMITED (REGISTERED NUMBER: 08171997)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


MICROSELECT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2017







DIRECTOR: R JEGENDIRABOSE





REGISTERED OFFICE: 288 High Street North
London
E12 6SA





REGISTERED NUMBER: 08171997 (England and Wales)





ACCOUNTANTS: AT
Chartered Certified Accountants
2 Rixsen Road
London
London
E12 6RN
Page 1
MICROSELECT LIMITED (REGISTERED NUMBER: 08171997)

ABRIDGED BALANCE SHEET
31 AUGUST 2017

2017 2016
Notes £    £   
FIXED ASSETS
Intangible assets 3 3,600 6,000

CURRENT ASSETS
Cash at bank 738 106

CREDITORS
Amounts falling due within one year (2,824 ) (2,282 )
NET CURRENT LIABILITIES (2,086 ) (2,176 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,514
3,824

CAPITAL AND RESERVES
Called up share capital 4 100 100
Retained earnings 1,414 3,724
SHAREHOLDERS' FUNDS 1,514 3,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 8 June 2018 and were signed by:





R JEGENDIRABOSE - Director


The notes form part of these financial statements

Page 2
MICROSELECT LIMITED (REGISTERED NUMBER: 08171997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017

1. STATUTORY INFORMATION

Microselect Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.

Franchise fees
Franchise fees, being the amounts paid to London Borough Redbridge and London Borough of Barking &
Dagenham, is being written off over the duration of the franchise of 5 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2016
and 31 August 2017 12,000
AMORTISATION
At 1 September 2016 6,000
Amortisation for year 2,400
At 31 August 2017 8,400
NET BOOK VALUE

At 31 August 2017 3,600
At 31 August 2016 6,000

4. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary 1 100 100

Page 3