MARSEL DISPLAY COMPANY LIMITED

MARSEL DISPLAY COMPANY LIMITED

MARSEL DISPLAY COMPANY LIMITED - Company Information

Print Friendly Version

MARSEL DISPLAY COMPANY LIMITED

Company Registration Number:
01281383 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2018

Period of accounts

Start date: 01 November 2017

End date: 31 October 2018

MARSEL DISPLAY COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2018

Balance sheet
Notes

MARSEL DISPLAY COMPANY LIMITED

Balance sheet

As at 31 October 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 995,944 1,004,427
Total fixed assets: 995,944 1,004,427
Current assets
Stocks: 60,862 155,310
Debtors:   690,548 769,364
Cash at bank and in hand: 2,721 14,914
Total current assets: 754,131 939,588
Creditors: amounts falling due within one year:   (577,072) (710,142)
Net current assets (liabilities): 177,059 229,446
Total assets less current liabilities: 1,173,003 1,233,873
Creditors: amounts falling due after more than one year:   (7,639)
Total net assets (liabilities): 1,165,364 1,233,873
Capital and reserves
Called up share capital: 500 500
Other reserves: 500 500
Profit and loss account: 1,164,364 1,232,873
Shareholders funds: 1,165,364 1,233,873

The notes form part of these financial statements

MARSEL DISPLAY COMPANY LIMITED

Balance sheet statements

For the year ending 31 October 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 June 2019
and signed on behalf of the board by:

Name: MR G S ALTON
Status: Director

The notes form part of these financial statements

MARSEL DISPLAY COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Freehold buildings - 2% straight linePlant and machinery - 20% straight lineFixtures and fittings - 20% straight lineMotor vehicles - 25% straight line

MARSEL DISPLAY COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

2. Employees

2018 2017
Average number of employees during the period 20 18

MARSEL DISPLAY COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

3. Tangible Assets

Total
Cost £
At 01 November 2017 1,530,044
Additions 21,982
Disposals (27,973)
At 31 October 2018 1,524,053
Depreciation
At 01 November 2017 525,617
Charge for year 30,243
On disposals (27,751)
At 31 October 2018 528,109
Net book value
At 31 October 2018 995,944
At 31 October 2017 1,004,427