Manor Road Nursery Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01844700 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2013

FOR

MANOR ROAD NURSERY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M E Reed

N C Press

SECRETARY:

Mrs P D Reed

REGISTERED OFFICE:

36a Station Road

New Milton

Hampshire

BH25 6JX

REGISTERED NUMBER:

01844700 (England and Wales)

ACCOUNTANTS:

David Shores & Co Ltd

36a Station Road

New Milton

Hampshire

BH25 6JX

BANKERS:

HSBC Bank Ltd

102 High Street

Lymington

Hampshire

SO41 9ZP

FIXED ASSETS

Tangible assets

2

16,226

17,365

Investments

3

50

50

16,276

17,415

CURRENT ASSETS

Debtors

4,984

4,773

Cash at bank and in hand

18,253

14,320

23,237

19,093

CREDITORS

Amounts falling due within one year

18,069

23,811

NET CURRENT ASSETS/(LIABILITIES)

5,168

(4,718

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,444

12,697

PROVISIONS FOR LIABILITIES

1,010

1,176

NET ASSETS

20,434

11,521

CAPITAL AND RESERVES

Called up share capital

4

11,500

11,500

Profit and loss account

8,934

21

SHAREHOLDERS' FUNDS

20,434

11,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2013 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 10 July 2014 and were signed on its behalf by:

M E Reed - 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 invoiced sales of services.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

15% on reducing balance

Freehold land included in Land and Buildings is not depreciated.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2012

and 31 October 2013

157,375

DEPRECIATION

At 1 November 2012

140,010

Charge for year

1,139

At 31 October 2013

141,149

NET BOOK VALUE

At 31 October 2013

16,226

At 31 October 2012

17,365

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2012

and 31 October 2013

50

NET BOOK VALUE

At 31 October 2013

50

At 31 October 2012

50

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2013

2012

value:

£

£

11,500

Ordinary shares

£1

11,500

11,500

5.	TRANSACTIONS WITH DIRECTORS

A director, Mr M E Reed, has provided a loan to the company. The balance at the beginning of the

year was £8,000 and following repayment of £4,000 during the year, the balance at the end of the year

was £4,000. Mr Reed has also supported the company by way of a directors current account, the

balance of which stood at £938 at the year end (2012 - £938).

A director, Mr N C Press, has provided a loan to the company. The balance at the beginning of the

year was £5,600 and following repayment of £2,800 during the year, the balance at the end of the year

was £2,800.

No interest is payable on the loans detailed above and there is no formal repayment plan.

During the year £7,068 was paid to the directors (including family) by way of dividend.

6.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors the company is ultimately controlled by Mr & Mrs Reed by virtue of their

shareholding.