REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016 |
|
FOR |
|
MAGNA POWER LIMITED |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016 |
|
FOR |
|
MAGNA POWER LIMITED |
MAGNA POWER LIMITED (REGISTERED NUMBER: 04103506) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
MAGNA POWER LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
MAGNA POWER LIMITED (REGISTERED NUMBER: 04103506) |
|
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2016 |
|
2016 | 2015 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank and in hand |
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 2 |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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 were approved by the director on
|
|
|
|
|
|
|
|
MAGNA POWER LIMITED (REGISTERED NUMBER: 04103506) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
|
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
2. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
|
Ordinary Share Capital | £ 1 |
|
|