Merefield Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01113860 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

MEREFIELD ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs W Ashby

SECRETARY:

D Ashby

REGISTERED OFFICE:

Kingsnorth House

1, Blenheim Way

Kingstanding

Birmingham

West Midlands

B44 8LS

REGISTERED NUMBER:

01113860 (England and Wales)

ACCOUNTANTS:

Boden Piper Limited

Kingsnorth House

Blenheim Way

Birmingham

West Midlands

B44 8LS

FIXED ASSETS

Tangible assets

2

300,000

300,000

CURRENT ASSETS

Debtors

1,000

1,000

Cash at bank

628

305

1,628

1,305

CREDITORS

Amounts falling due within one year

54,037

53,707

NET CURRENT LIABILITIES

(52,409

)

(52,402

)

TOTAL ASSETS LESS CURRENT LIABILITIES

247,591

247,598

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

136,096

136,096

Profit and loss account

111,395

111,402

SHAREHOLDERS' FUNDS

247,591

247,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 23 April 2015 and were signed by:

Mrs W Ashby - Director

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).

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 August 2013

and 31 July 2014

300,000

NET BOOK VALUE

At 31 July 2014

300,000

At 31 July 2013

300,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY TRANSACTIONS