Company Registration No. 09041177 (England and Wales)
METAMORPH LAW LTD
ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2015
METAMORPH LAW LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
METAMORPH LAW LTD
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2015
Notes
£
£
£
£
Current assets
Debtors
1,067
104
Cash at bank and in hand
8,896
1,104
9,963
1,208
Creditors: amounts falling due within one year
(73,383)
(56,577)
Total assets less current liabilities
(63,420)
(55,369)
Capital and reserves
Called up share capital
2
1
1
Profit and loss account
(63,421)
(55,370)
Shareholders' funds
(63,420)
(55,369)
For the financial Period ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The directors acknowledge their 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 26 September 2016
Mr Simon Goldhill
Director
Company Registration No. 09041177
METAMORPH LAW LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
In the period under review the company's balance sheet is insolvent by £63,420.
Given the above, there is a material uncertainty which may cast significant doubt as to the company's ability to continue as a going concern and it may be unable to discharge its liabilities in the normal course of business.
However, having regard to the directors' continued support, they continue to adopt the going concern basis in preparing the accounts.
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
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
Share capital
2015
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1