MASCHINE ON LIMITED
Mülheim an der Ruhr
Jahresabschluss zum 31.12.2008
ABBREVIATED BALANCE SHEET as at 31/12/2008
|
|
As at
|
As at
|
|
|
31/12/2008
|
31/12/2007
|
|
Note
|
€
|
€
|
€
|
€
|
|
Called up share capital not paid
|
|
0,00 |
0,00 |
0,00 |
0,00 |
|
Fixed Assets
|
|
|
|
|
|
| Intangible Assets |
|
0,00 |
|
0,00 |
|
| Tangible fixed
Assets |
2 |
250,00 |
|
250,00 |
|
| Investments |
|
0,00 |
|
0,00 |
|
|
|
250,00 |
250,00 |
250,00 |
250,00 |
|
Current Assets
|
|
|
|
|
|
| Stocks |
|
0,00 |
|
0,00 |
|
| Debtors & other
items of property: amounts falling due within one
year |
|
770,46 |
|
459,00 |
|
| Investments |
|
0,00 |
|
0,00 |
|
| Cash at bank and in
hand |
|
14,85 |
|
29,65 |
|
|
|
785,31 |
785,31 |
488,65 |
488,65 |
|
Payments and accrued income
|
|
0,00 |
|
0,00 |
|
|
Creditors: amounts falling due within one
year
|
|
0,00 |
|
0,00 |
|
|
Net Current Assets (liabilities)
|
|
785,31 |
785,31 |
488,65 |
488,65 |
|
Total Assets Less Current Liabilities
|
|
|
1.035,31
|
|
738,65 |
|
Debtors & other items of property: amounts
falling due after more than one year
|
|
|
0,00 |
|
0,00 |
|
Creditors: amounts falling due after more than
one year
|
|
|
(5.548,78) |
|
(3.052,32) |
|
Provisions for liabilities and charges
|
|
|
(800,00) |
|
(695,00) |
|
Accruals and deferred income
|
|
|
0,00 |
|
0,00 |
|
Untaxed reserves
|
|
|
0,00 |
|
0,00 |
|
|
|
(5.313,47)
|
|
(3.008,67) |
|
Financed by:
|
|
|
|
|
|
|
Capital and Reserves (Government Funds)
|
|
|
|
|
|
| Called up share
capital |
3 |
156,25 |
|
156,25 |
|
| Share premium
account |
|
0,00 |
|
0,00 |
|
| Other reserves |
|
0,00 |
|
0,00 |
|
| Retained earnings /
Accumulated losses brought forward |
|
(3.164,92) |
|
0,00 |
|
| Profit and loss
account |
|
(2.304,80) |
(5.313,47) |
(3.164,92) |
(3.008,67) |
|
Shareholder`s Fund
|
|
|
(5.313,47)
|
|
(3.008,67) |
| The
directors consider that the company is entitled to
exemption from the requirement to have an audit under
the provisions of section 249A(1) of the Companies
Act 1985 and members have not required the company to
obtain an audit of its accounts for the year in
question in accordance with section 249B(2) of the
Act. The directors acknowledge their responsibilities
for ensuring that the company keeps accounting
records which comply with section 221 of the
Companies Act 1985, and for preparing financial
statements which give a true and fair view of the
state of affairs of the company as at 31/12/2008 and
of its profit for the year then ended in accordance
with the requirements of section 226, and which
otherwise comply with the requirements of the Act
relating to the financial statements so far as
applicable to the company. |
| The
abbreviated accounts, which have been prepared in
accordance with the special provisions of Part VII of
the Companies Act 1985 applicable to small companies,
were approved by the board on 31/12/2008 and signed
on its behalf. |
| Nilguen Tavuskarli |
|
|
|
|
|
| Director |
|
|
|
|
|
| The notes on
pages 4 to 5 form part of these financial
statements. |
|
NOTES TO THE ABBREVIATED ACCOUNTS
|
|
For the year ended
|
31/12/2008
|
|
1. ACCOUNTING POLICIES
|
|
|
|
|
|
|
1.1. Basis of preparation of financial
statements
|
| The full
financial statements, from which these abbreviated
accounts have been extracted, have been prepared
under the historical cost convention and in
accordance with the German tax law. |
|
1.2. Cash flow
|
|
|
|
|
|
| The
financial statements do not include a cash flow
statement because the company, as a small reporting
entity, is exempt from the requirement to prepare
such a statement under the Financial Reporting
Standard for Smaller Entities (effective June
2002). |
|
1.3. Turnover
|
|
|
|
|
|
| Turnover
comprises the invoiced value of goods and services
supplied by the company, exclusive of Value Added
Tax |
|
1.4. Foreign Currencies
|
| All figures
are reported in Euro. |
|
1.5. 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 of fixed assets,
less their estimated residual value, over their
expected useful lives on the following bases: |
|
Plant and machinery
|
0,00
|
%
|
|
|
|
Motor vehicles
|
0,00
|
%
|
|
|
|
Furniture, fittings and equipment
|
0,00
|
%
|
|
|
|
2. TANGIBLE FIXED ASSETS
|
| |
|
|
|
|
€
|
|
Cost or Revaluation
|
|
|
|
|
|
|
As at 31/12/2007
|
|
|
|
|
250,00
|
| Additions |
|
|
|
|
250,00 |
| Disposals |
|
|
|
|
0,00 |
|
At 31/12/2008
|
|
|
|
|
500,00
|
|
Depreciation
|
|
|
|
|
|
| Charge for the year |
|
|
|
|
0,00 |
| On disposals |
|
|
|
|
0,00 |
|
At 31/12/2008
|
|
|
|
|
0,00
|
|
Net book value
|
|
|
|
|
|
|
At 31/12/2008
|
|
|
|
|
FALSCH
|
|
3. SHARE CAPITAL
|
|
|
|
€
|
|
|
|
Authorised
|
|
|
|
| 100 Ordinary shares of
£1 each |
|
|
156,25 |
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
| 100 Ordinary shares of
£1 each |
|
|
156,25 |
|
|
|
