Abbreviated Company Accounts - MAJOR MOMENTUM LIMITED

MAJOR MOMENTUM LIMITED - Company Information

06034849 MAJOR MOMENTUM LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06034849 2013-04-01 2014-03-31 06034849 2014-03-31 06034849 2013-03-31 06034849 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06034849 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06034849

MAJOR MOMENTUM LIMITED

Abbreviated Accounts

31 March 2014

MAJOR MOMENTUM LIMITED Registered Number 06034849

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	18,500
Tangible assets	3	-	18,093
		-	36,593
Current assets
Debtors		11,956	25,081
Cash at bank and in hand		7,426	13,124
		19,382	38,205
Creditors: amounts falling due within one year		(8,832)	(31,204)
Net current assets (liabilities)		10,550	7,001
Total assets less current liabilities		10,550	43,594
Creditors: amounts falling due after more than one year		0	(8,640)
Total net assets (liabilities)		10,550	34,954
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		10,450	34,854
Shareholders' funds		10,550	34,954

For the year ending 31 March 2014 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 December 2014

And signed on their behalf by:
Timothy Major, Director

MAJOR MOMENTUM LIMITED Registered Number 06034849

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding Value Added Tax, of Sales made during the year and derives from the provision of services falling within the companies ordinary activities

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:

Fixtures, Fittings and Equipment - 25% Straight Line
Motor Vehciles - 25% Straight Line

2Intangible fixed assets

	£
Cost
At 1 April 2013	37,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	37,000
Amortisation
At 1 April 2013	18,500
Charge for the year	18,500
On disposals	-
At 31 March 2014	37,000
Net book values
At 31 March 2014	0
At 31 March 2013	18,500

3Tangible fixed assets

	£
Cost
At 1 April 2013	38,200
Additions	28,397
Disposals	(66,597)
Revaluations	-
Transfers	-
At 31 March 2014	0
Depreciation
At 1 April 2013	20,107
Charge for the year	-
On disposals	(20,107)
At 31 March 2014	0
Net book values
At 31 March 2014	0
At 31 March 2013	18,093

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100