Marchlink Limited - Limited company - abbreviated - 11.6
Marchlink Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 30 April 2014 |
for |
Marchlink Limited |
Marchlink Limited (Registered number: 02811854) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 April 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Marchlink Limited |
Company Information |
for the Year Ended 30 April 2014 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Marchlink Limited (Registered number: 02811854) |
Abbreviated Balance Sheet |
30 April 2014 |
30.4.14 | 30.4.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Marchlink Limited (Registered number: 02811854) |
Abbreviated Balance Sheet - continued |
30 April 2014 |
The financial statements were approved by the director on |
Marchlink Limited (Registered number: 02811854) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 April 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax (having regard to the fulfilment of |
contractual obligations). |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
market value is transferred to a revaluation reserve. |
In accordance with the FRSSE (effective April 2008) no depreciation is provided in respect of the freehold |
property held as an investment. This is a departure from the requirements of the Companies Act 2006 which |
requires all properties to be depreciated. Such properties are held for investment and not for consumption and the |
director considers that to depreciate them would not give a true and fair view. Depreciation is only one of many |
elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might |
otherwise have been charged cannot be separately identified or quantified. The director considers that this policy |
results in the financial statements giving a true and fair view. |
Deferred tax |
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods |
different from those in which they are included in the company's accounts. Deferred tax is provided in full on |
timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates |
that are expected to apply when the timing differences reverse, based on current tax rates and laws. |
Deferred tax has not been recognised on timing differences where the director deems that any gain made on the |
sale of an asset will be rolled over into replacement assets. |
2. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
At 1 May 2013 |
Revaluations |
At 30 April 2014 |
NET BOOK VALUE |
At 30 April 2014 |
At 30 April 2013 |
3. | CREDITORS |
Creditors include an amount of £ |
They also include the following debts falling due in more than five years: |
30.4.14 | 30.4.13 |
£ | £ |
Repayable by instalments | 566,545 | 709,029 |
Marchlink Limited (Registered number: 02811854) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 April 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.14 | 30.4.13 |
value: | £ | £ |
Ordinary | £1 |
5. | CONTROLLING PARTY |
The company is under the control of Miss S J Lines. |