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Abbreviated Unaudited Accounts for the Year Ended 28 February 2015 |
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Met Technologies Limited |
DRAFT
10/06/15 10:10 |
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Abbreviated Unaudited Accounts for the Year Ended 28 February 2015 |
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Met Technologies Limited |
Met Technologies Limited (Registered number: 08127967) |
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Contents of the Abbreviated Accounts |
for the Year Ended 28 February 2015 |
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DRAFT
10/06/15 10:10 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 4 |
Met Technologies Limited |
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Company Information |
for the Year Ended 28 February 2015 |
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DRAFT
10/06/15 10:10 |
DIRECTOR: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Met Technologies Limited (Registered number: 08127967) |
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Abbreviated Balance Sheet |
28 February 2015 |
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28.2.15 | 28.2.14 |
Notes | £ | £ | £ | £ |
DRAFT
10/06/15 10:10 |
FIXED ASSETS |
Tangible assets | 2 |
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CURRENT ASSETS |
Debtors |
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Investments |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS/(LIABILITIES) |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES |
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NET ASSETS/(LIABILITIES) |
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CAPITAL AND RESERVES |
Called up share capital | 3 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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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. |
Met Technologies Limited (Registered number: 08127967) |
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Abbreviated Balance Sheet - continued |
28 February 2015 |
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DRAFT
10/06/15 10:10 |
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The financial statements were approved by the director on
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Met Technologies Limited (Registered number: 08127967) |
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Notes to the Abbreviated Accounts |
for the Year Ended 28 February 2015 |
DRAFT
10/06/15 10:10 |
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1. | ACCOUNTING POLICIES |
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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 April 2008). |
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Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of |
service contracts where turnover is recognised when the company obtains the right to |
consideration. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Deferred tax |
Deferred tax assets and liabilities are recognised in the balance sheet in respect of all timing |
differences that have originated but not reversed at the balance sheet date where transactions or |
events that result in an obligation to pay more or a right to pay less tax in the future have |
occurred by the balance sheet date. |
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Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in |
the periods in which the timing differences are expected to reverse. Any movements in the year |
are recognised in the profit and loss account. |
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2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 March 2014 |
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Additions |
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At 28 February 2015 |
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DEPRECIATION |
At 1 March 2014 |
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Charge for year |
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At 28 February 2015 |
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NET BOOK VALUE |
At 28 February 2015 |
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At 28 February 2014 |
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Met Technologies Limited (Registered number: 08127967) |
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Notes to the Abbreviated Accounts - continued |
for the Year Ended 28 February 2015 |
DRAFT
10/06/15 10:10 |
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3. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 28.2.15 | 28.2.14 |
value: | £ | £ |
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Ordinary | £1 |
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