Abbreviated Company Accounts - MOTOR LAW BROKERS LIMITED

Abbreviated Company Accounts - MOTOR LAW BROKERS LIMITED

BENCHMARK INSURANCE BROKERS LIMITED - Company Information

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Registered Number 08052234

MOTOR LAW BROKERS LIMITED

Abbreviated Accounts

31 May 2014

MOTOR LAW BROKERS LIMITED Registered Number 08052234

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 20,259 11,409
Tangible assets 3 2,550 3,000
22,809 14,409
Current assets
Cash at bank and in hand 15,771 8,334
15,771 8,334
Creditors: amounts falling due within one year (21,173) 0
Net current assets (liabilities) (5,402) 8,334
Total assets less current liabilities 17,407 22,743
Total net assets (liabilities) 17,407 22,743
Capital and reserves
Called up share capital 40,000 40,000
Profit and loss account (22,593) (17,257)
Shareholders' funds 17,407 22,743
  • For the year ending 31 May 2014 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 15 January 2015

And signed on their behalf by:
S LUCAS, Director
M YETER, Director

MOTOR LAW BROKERS LIMITED Registered Number 08052234

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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 he provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
FFE: 15% reducing balance

2Intangible fixed assets
£
Cost
At 1 June 2013 11,409
Additions 8,850
Disposals -
Revaluations -
Transfers -
At 31 May 2014 20,259
Amortisation
At 1 June 2013 -
Charge for the year -
On disposals -
At 31 May 2014 -
Net book values
At 31 May 2014 20,259
At 31 May 2013 11,409
3Tangible fixed assets
£
Cost
At 1 June 2013 3,529
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 3,529
Depreciation
At 1 June 2013 529
Charge for the year 450
On disposals -
At 31 May 2014 979
Net book values
At 31 May 2014 2,550
At 31 May 2013 3,000