Medway Cash & Carry Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08632365 (England and Wales)

Medway Cash & Carry Ltd

Abbreviated Unaudited Accounts

for the Period 31 July 2013 to 31 July 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Banas

SECRETARY:

F Kayani

REGISTERED OFFICE:

Unit 21 Butterly Avenue

Questor

Dartford

England

DA1 1JG

REGISTERED NUMBER:

08632365 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co Limited

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

CURRENT ASSETS

Stocks

175,680

Debtors

39,441

Cash at bank

32,856

247,977

CREDITORS

Amounts falling due within one year

232,288

NET CURRENT ASSETS

15,689

TOTAL ASSETS LESS CURRENT LIABILITIES

15,689

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

15,589

SHAREHOLDERS' FUNDS

15,689

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

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

The director acknowledges his 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 11 February 2015 and were signed by:

B Banas - 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 net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.