Registered Number 07125407
MILLIARDS LTD
Abbreviated Accounts
31 January 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total 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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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment - 25% Straight line
Other accounting policies
No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its liabilities.
£ | |
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Cost | |
At 1 February 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 January 2013 |
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Depreciation | |
At 1 February 2012 |
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Charge for the year |
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On disposals |
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At 31 January 2013 |
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Net book values | |
At 31 January 2013 | 3,262 |
At 31 January 2012 | 4,546 |