Registered Number 08167386


Abbreviated Accounts

31 October 2015

MIG IT LTD Registered Number 08167386

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Current assets
Debtors 17,871 -
Cash at bank and in hand 106,519 79,464
124,390 79,464
Prepayments and accrued income 4,350 3,300
Creditors: amounts falling due within one year (24,636) (18,812)
Net current assets (liabilities) 104,104 63,952
Total assets less current liabilities 104,104 63,952
Accruals and deferred income - (62)
Total net assets (liabilities) 104,104 63,890
Capital and reserves
Called up share capital 2 1 1
Profit and loss account 104,103 63,889
Shareholders' funds 104,104 63,890
  • For the year ending 31 October 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 December 2015

And signed on their behalf by:
Mr M Vieira, Director

MIG IT LTD Registered Number 08167386

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

2 Called Up Share Capital
Allotted, called up and fully paid:
1 Ordinary shares of £1 each 1 1

3Transactions with directors

Name of director receiving advance or credit: Mr M Vieira
Description of the transaction: Interest free loan
Balance at 1 November 2014: £ 0
Advances or credits made: £ 4,873
Advances or credits repaid: £ 0
Balance at 31 October 2015: £ 4,873



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