MeasurePoint Ltd - Limited company - abbreviated - 11.6

MeasurePoint Ltd - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 08206503 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

MEASUREPOINT LTD

MEASUREPOINT LTD (REGISTERED NUMBER: 08206503)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 September 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

MEASUREPOINT LTD

COMPANY INFORMATION
for the Year Ended 30 September 2014







DIRECTORS: Mr G Anderson
Mr L Anderson
Mr K Dean





SECRETARY:





REGISTERED OFFICE: 11 - 12 Church Street
Windermere
Cumbria
LA23 1AQ





REGISTERED NUMBER: 08206503 (England and Wales)





ACCOUNTANTS: Lakes Accountancy Limited
Chartered Accountants
11-12 Church Street
WINDERMERE
Cumbria
LA23 1AQ

MEASUREPOINT LTD (REGISTERED NUMBER: 08206503)

ABBREVIATED BALANCE SHEET
30 September 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,883 4,118

CURRENT ASSETS
Stocks 231,161 50,000
Debtors 63,078 229,645
Cash at bank and in hand 326,696 82,375
620,935 362,020
CREDITORS
Amounts falling due within one year 307,779 154,093
NET CURRENT ASSETS 313,156 207,927
TOTAL ASSETS LESS CURRENT LIABILITIES 316,039 212,045

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 315,939 211,945
SHAREHOLDERS' FUNDS 316,039 212,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 31 March 2015 and were signed on its behalf by:





Mr K Dean - Director


MEASUREPOINT LTD (REGISTERED NUMBER: 08206503)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 30 September 2014

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 net invoiced sales of goods, excluding value added tax.

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

Fixtures and fittings - 30% on reducing balance
Computer equipment - 30% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013
and 30 September 2014 4,318
DEPRECIATION
At 1 October 2013 200
Charge for year 1,235
At 30 September 2014 1,435
NET BOOK VALUE
At 30 September 2014 2,883
At 30 September 2013 4,118

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
59 Ordinary £1 59 59
34 A Ordinary £1 34 34
5 B Ordinary £1 5 5
1 C Ordinary £1 1 1
1 D Ordinary £1 1 1
100 100

MEASUREPOINT LTD (REGISTERED NUMBER: 08206503)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 30 September 2014

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 September 2014 and the period ended
30 September 2013:

2014 2013
£    £   
Mr G Anderson
Balance outstanding at start of year - -
Amounts advanced 34,000 26,500
Amounts repaid - (26,500 )
Balance outstanding at end of year 34,000 -

Mr L Anderson
Balance outstanding at start of year - -
Amounts advanced 310 -
Amounts repaid (390 ) -
Balance outstanding at end of year (80 ) -

Mr K Dean
Balance outstanding at start of year - -
Amounts repaid (150 ) -
Balance outstanding at end of year (150 ) -