Martin Campbell and Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07731316 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

MARTIN CAMPBELL AND COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A J Shaw

Mr D C Arthur

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

07731316 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Intangible assets

2

253,334

173,334

Tangible assets

3

5,012

3,081

258,346

176,415

CURRENT ASSETS

Debtors

40,420

141,032

Cash at bank and in hand

85,918

51

126,338

141,083

CREDITORS

Amounts falling due within one year

151,341

144,766

NET CURRENT LIABILITIES

(25,003

)

(3,683

)

TOTAL ASSETS LESS CURRENT LIABILITIES

233,343

172,732

CAPITAL AND RESERVES

Called up share capital

4

200

100

Profit and loss account

233,143

172,632

SHAREHOLDERS' FUNDS

233,343

172,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 15 July 2014 and were signed on its behalf by:

Mr D C Arthur - Director

Mr A J Shaw - 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 April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

200,000

Additions

100,000

At 31 May 2014

300,000

AMORTISATION

At 1 June 2013

26,666

Amortisation for year

20,000

At 31 May 2014

46,666

NET BOOK VALUE

At 31 May 2014

253,334

At 31 May 2013

173,334

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

4,930

Additions

3,602

At 31 May 2014

8,532

DEPRECIATION

At 1 June 2013

1,849

Charge for year

1,671

At 31 May 2014

3,520

NET BOOK VALUE

At 31 May 2014

5,012

At 31 May 2013

3,081

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

200

Ordinary

1

200

100