REGISTERED NUMBER: 07666832 (England and Wales)

Malagor Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B Marshall

B Marshall

REGISTERED OFFICE:

20 Priory Road

Ossett

West Yorkshire

WF5 8QL

REGISTERED NUMBER:

07666832 (England and Wales)

ACCOUNTANTS:

Howard & Co. Accountants LLP

6 Market Street

Birstall

West Yorkshire

WF17 9EN

FIXED ASSETS

Tangible assets

2

31,969

35,054

CURRENT ASSETS

Stocks

15,812

15,898

Debtors

63,546

32,942

Cash at bank and in hand

6,573

2,613

85,931

51,453

CREDITORS

Amounts falling due within one year

115,067

81,501

NET CURRENT LIABILITIES

(29,136

)

(30,048

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,833

5,006

CREDITORS

Amounts falling due after more than one year

2,781

7,408

NET ASSETS/(LIABILITIES)

52

(2,402

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

50

(2,404

)

SHAREHOLDERS' FUNDS

52

(2,402

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 August 2017 and were signed on its behalf by:

B Marshall - Director

1.	ACCOUNTING POLICIES

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 etc

-

33% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

67,363

Additions

2,660

At 31 October 2016

70,023

DEPRECIATION

At 1 November 2015

32,309

Charge for year

5,745

At 31 October 2016

38,054

NET BOOK VALUE

At 31 October 2016

31,969

At 31 October 2015

35,054

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2