Company Registration No. 06680381 (England and Wales)
MIND METHODS LIMITED
Unaudited accounts
for the year ended 31 August 2017
MIND METHODS LIMITED
Unaudited accounts
Contents
MIND METHODS LIMITED
Company Information
for the year ended 31 August 2017
Director
Jevgeni Zolotorevski
Company Number
06680381 (England and Wales)
Registered Office
59 DEVONS ROAD
LONDON
E3 3DW
MIND METHODS LIMITED
Statement of financial position
as at
31 August 2017
Tangible assets
69,999
70,956
Cash at bank and in hand
1
1
Creditors: amounts falling due within one year
(63,150)
(63,150)
Net current liabilities
(62,149)
(62,149)
Called up share capital
1,000
1,000
Profit and loss account
6,850
7,807
Shareholders' funds
7,850
8,807
For the year ending 31 August 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 3 May 2018.
Jevgeni Zolotorevski
Director
Company Registration No. 06680381
MIND METHODS LIMITED
Notes to the Accounts
for the year ended 31 August 2017
MIND METHODS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06680381. The registered office is 59 DEVONS ROAD, LONDON, E3 3DW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2016
72,344
At 1 September 2016
1,388
MIND METHODS LIMITED
Notes to the Accounts
for the year ended 31 August 2017
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
43,400
43,400
Other creditors
(317)
(317)
Loans from directors
20,067
20,067
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).