Company Registration No. 06996801 (England and Wales)
MOVE 2B LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2015
MOVE 2B LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
MOVE 2B LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2015
31 August 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
7,315
10,480
Current assets
Debtors
-
555
Cash at bank and in hand
3,727
332
Creditors: amounts falling due within one year
(8,076)
(8,172)
Net current liabilities
(4,349)
(7,285)
Total assets less current liabilities
2,966
3,195
Creditors: amounts falling due after more than one year
(4,008)
(7,435)
Provisions for liabilities
(86)
-
(1,128)
(4,240)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(1,228)
(4,340)
Shareholders' funds
(1,128)
(4,240)
MOVE 2B LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2015
31 August 2015
- 2 -
For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 31 May 2016
A J Farrelly
Director
Company Registration No. 06996801
MOVE 2B LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Despite having net liabilities, the accounts have been prepared on a going concern basis on the grounds that the directors have confirmed their ongoing support for at least 12 months following the date the accounts are approved.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents commissions receivable for in respect of letting agency services.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
20% Straight Line
Motor vehicles
33% Reducing Balance
MOVE 2B LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2015
- 4 -
2
Fixed assets
Tangible assets
£
Cost
At 1 September 2014
15,973
Additions
783
At 31 August 2015
16,756
Depreciation
At 1 September 2014
5,493
Charge for the year
3,948
At 31 August 2015
9,441
Net book value
At 31 August 2015
7,315
At 31 August 2014
10,480
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100