Registered number: 08145628 | ||||||||
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FOR THE YEAR ENDED 31/01/2016 | ||||||||
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Prepared By: | ||||||||
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Certified Practising Accountants | ||||||||
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Stafford | ||||||||
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Motorcycle Information Systems Technologies Limited | ||||||||
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ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED
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INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 08145628 | ||||||||
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Motorcycle Information Systems Technologies Limited | ||||||||
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Registered Number: 08145628 | ||||||||||
BALANCE SHEET AT 31/01/2016 | ||||||||||
2016 | 2015 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Stock |
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Debtors (amounts falling due within one year) | 4 |
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Cash at bank and in hand |
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17,845 |
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CREDITORS: Amounts falling due within one year |
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NET CURRENT LIABILITIES |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 |
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Share premium account |
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Revaluation reserve | 1g,6 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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Approved by the board on
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Director | ||||||||||
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Motorcycle Information Systems Technologies Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/01/2016 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
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1b. Cash Flow Statement | ||||||||
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1c. Depreciation | ||||||||
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Equipment |
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1d. Intangible Assets | ||||||||
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1e. Stocks | ||||||||
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1f. Turnover | ||||||||
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1g. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 6 ). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
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Motorcycle Information Systems Technologies Limited | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||||
Development | ||||||
Costs | Patents | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/02/2015 |
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At 31/01/2016 |
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Depreciation | ||||||
At 31/01/2016 |
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Net Book Amounts | ||||||
At 31/01/2016 | 30,647 | 241,682 | 272,329 | |||
At 31/01/2015 |
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3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/02/2015 |
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At 31/01/2016 | 125 | 125 | ||
Depreciation | ||||
At 01/02/2015 |
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For the year |
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At 31/01/2016 |
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Net Book Amounts | ||||
At 31/01/2016 |
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At 31/01/2015 |
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4. DEBTORS | 2016 | 2015 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors |
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VAT |
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Other debtors |
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Motorcycle Information Systems Technologies Limited | ||||||||
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5. SHARE CAPITAL | 2016 | 2015 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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629 | 629 | |||||||
6. REVALUATION RESERVE | 2016 | 2015 | ||||||
£ | £ | |||||||
Revaluation reserve | 240,000 | 240,000 | ||||||
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