Abbreviated Company Accounts - MURTLE LTD

05131368 MURTLE LTD 2014-05-31 false 2013-06-01 2014-05-31 true 05131368 2013-06-01 2014-05-31 05131368 2014-05-31 05131368 2013-05-31 05131368 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 05131368 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 05131368

MURTLE LTD

Abbreviated Accounts

31 May 2014

MURTLE LTD Registered Number 05131368

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	562	1,250
		562	1,250
Current assets
Debtors		1,176	-
		1,176	-
Creditors: amounts falling due within one year		(20,981)	(18,334)
Net current assets (liabilities)		(19,805)	(18,334)
Total assets less current liabilities		(19,243)	(17,084)
Total net assets (liabilities)		(19,243)	(17,084)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(19,245)	(17,086)
Shareholders' funds		(19,243)	(17,084)

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 26 February 2015

And signed on their behalf by:
Mrs J K Mutto, Director

MURTLE LTD Registered Number 05131368

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 value, net of value added tax and discounts, of rentals received during the year.

Other accounting policies
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Furniture & Fittings - 20% Straight line

Investment Property
In accordance with SSAP19(i), investment properties are revalued annually at open market value by the directors and the aggregate of the surplus or deficit is transferred to a revaluation reserve with any permanent diminution taken to profit and loss account for the year, and (ii) no depreciation or amortisation is provided in respect of such investment properties.

Going Concern
These statements have been prepared on a going concern basis as the company continues to have full support of the director. In the director's opinion the company will remain in a position to meet its liabilities as and when they fall due for the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 June 2013	3,944
Additions	606
Disposals	(2,500)
Revaluations	-
Transfers	-
At 31 May 2014	2,050
Depreciation
At 1 June 2013	2,694
Charge for the year	44
On disposals	(1,250)
At 31 May 2014	1,488
Net book values
At 31 May 2014	562
At 31 May 2013	1,250

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2