Abbreviated Company Accounts - MAYGROVE SUPERSTORE LIMITED

Abbreviated Company Accounts - MAYGROVE SUPERSTORE LIMITED

MAYGROVE SUPERSTORE LIMITED - Company Information

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Registered Number 06904890

MAYGROVE SUPERSTORE LIMITED

Abbreviated Accounts

31 May 2014

MAYGROVE SUPERSTORE LIMITED Registered Number 06904890

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 14,825 18,531
14,825 18,531
Current assets
Stocks 34,796 35,871
Debtors 4,459 4,527
Cash at bank and in hand 2,646 7,487
41,901 47,885
Creditors: amounts falling due within one year (53,341) (59,928)
Net current assets (liabilities) (11,440) (12,043)
Total assets less current liabilities 3,385 6,488
Creditors: amounts falling due after more than one year (950) (1,100)
Total net assets (liabilities) 2,435 5,388
Capital and reserves
Called up share capital 1 1
Profit and loss account 2,434 5,387
Shareholders' funds 2,435 5,388
  • 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 28 February 2015

And signed on their behalf by:
V KRISHNATHASAN, Director

MAYGROVE SUPERSTORE LIMITED Registered Number 06904890

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.

2Tangible fixed assets
£
Cost
At 1 June 2013 38,222
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 38,222
Depreciation
At 1 June 2013 19,691
Charge for the year 3,706
On disposals -
At 31 May 2014 23,397
Net book values
At 31 May 2014 14,825
At 31 May 2013 18,531