MPULSE_LIMITED - Accounts
MPULSE_LIMITED - Accounts
Company Registration No. 03033894 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(129,170 )
(169,794 )
Net current assets
Total assets less current liabilities
1,766
35,231
Capital and reserves
Called up share capital
3
Other reserves
-
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 29 December 2014
Director
Company Registration No. 03033894
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
1
Accounting policies
1.1
Accounting convention
1.2
Turnover
1.3
Tangible fixed assets and depreciation
Plant and machinery
Fixtures, fittings & equipment
1.4
Revenue recognition
Revenue is recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.
Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.
Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2013
11,811
Additions
353
At 31 March 2014
12,164
Depreciation
At 1 April 2013
11,804
Charge for the year
87
At 31 March 2014
11,891
Net book value
At 31 March 2014
273
At 31 March 2013
7
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 4 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
-