Abbreviated Company Accounts - MARTELLS LIMITED

Registered Number 06851350

MARTELLS LIMITED

Abbreviated Accounts

31 May 2014

MARTELLS LIMITED Registered Number 06851350

Abbreviated Balance Sheet as at 31 May 2014

	Notes	31/05/2014	31/03/2014
		£	£
Fixed assets
Tangible assets	2	6,655	6,944
		6,655	6,944
Current assets
Stocks		141,500	142,100
		141,500	142,100
Creditors: amounts falling due within one year		(164,152)	(169,236)
Net current assets (liabilities)		(22,652)	(27,136)
Total assets less current liabilities		(15,997)	(20,192)
Total net assets (liabilities)		(15,997)	(20,192)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(16,097)	(20,292)
Shareholders' funds		(15,997)	(20,192)

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 2 April 2015

And signed on their behalf by:
G Shepherd, Director

MARTELLS LIMITED Registered Number 06851350

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 April 2014	13,791
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	13,791
Depreciation
At 1 April 2014	6,847
Charge for the year	289
On disposals	-
At 31 May 2014	7,136
Net book values
At 31 May 2014	6,655
At 31 March 2014	6,944