REGISTERED NUMBER: |
MOKO MADE LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
28TH MARCH 2017 TO 31ST MARCH 2018 |
REGISTERED NUMBER: |
MOKO MADE LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
28TH MARCH 2017 TO 31ST MARCH 2018 |
MOKO MADE LTD (REGISTERED NUMBER: 10693854) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28TH MARCH 2017 TO 31ST MARCH 2018 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
MOKO MADE LTD |
COMPANY INFORMATION |
FOR THE PERIOD 28TH MARCH 2017 TO 31ST MARCH 2018 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Tax Advisers and |
Chartered Certified Accountants |
Broad House |
1 The Broadway |
Old Hatfield |
Herts |
AL9 5BG |
MOKO MADE LTD (REGISTERED NUMBER: 10693854) |
ABRIDGED BALANCE SHEET |
31ST MARCH 2018 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
MOKO MADE LTD (REGISTERED NUMBER: 10693854) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28TH MARCH 2017 TO 31ST MARCH 2018 |
1. | STATUTORY INFORMATION |
Moko Made Ltd is a |
and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
tax and other sales taxes. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: |
Plant and machinery | - | 20% on cost |
Fixtures and fittings | - | 20% on cost and 10% on cost |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent |
that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively |
enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted |
or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
MOKO MADE LTD (REGISTERED NUMBER: 10693854) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28TH MARCH 2017 TO 31ST MARCH 2018 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
At 31st March 2018 |
DEPRECIATION |
Charge for period |
At 31st March 2018 |
NET BOOK VALUE |
At 31st March 2018 |
5. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
£ |
Within one year |
Between one and five years |
6. | RELATED PARTY DISCLOSURES |
During the year the director loaned the company £21,302, of which £620 was repaid during the year. At the balance sheet date, £20,682 was due to the director and this unsecured amount is included in creditors. The balance is interest free and repayable on demand. |