Company Registration No. 04370227 (England and Wales)
MOOSE PARTNERSHIP LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
MOOSE PARTNERSHIP LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
MOOSE PARTNERSHIP LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,809
4,425
Current assets
Debtors
58,735
45,594
Cash at bank and in hand
19,151
25,513
77,886
71,107
Creditors: amounts falling due within one year
(63,020)
(55,890)
Net current assets
14,866
15,217
Total assets less current liabilities
16,675
19,642
Provisions for liabilities
-
(411)
16,675
19,231
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
16,673
19,229
Shareholders' funds
16,675
19,231
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 and authorised for issue on 23 November 2015
M R Owen
Director
Company Registration No. 04370227
MOOSE PARTNERSHIP LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
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 amounts receivable for goods and services net of VAT and trade discounts.
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:
Computer equipment
33% straight line
Fixtures, fittings & equipment
25% straight line
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
36,530
Additions
42
At 31 March 2015
36,572
Depreciation
At 1 April 2014
32,105
Charge for the year
2,658
At 31 March 2015
34,763
Net book value
At 31 March 2015
1,809
At 31 March 2014
4,425
MOOSE PARTNERSHIP LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2 Ordinary A shares of £1 each
2
2
4
Transactions with directors
During the year, dividends of £30,500 (2014: 30,400) were paid to Mr MR Owen the sole director and shareholder.