MARTIN P WATSON LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08318023 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

MARTIN P WATSON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

M WATSON

SECRETARY:

REGISTERED OFFICE:

HIGHWOOD

NEWBIGGEN STREET

THAXTED

DUNMOW

Essex

CM6 2QT

REGISTERED NUMBER:

08318023 (England and Wales)

ACCOUNTANTS:

RIDGELL & CO

Highwood, Newbiggen Street

Thaxted, Dunmow

Essex

CM6 2QT

FIXED ASSETS

Intangible assets

2

45,000

45,000

Tangible assets

3

2,162

2,083

47,162

47,083

CURRENT ASSETS

Debtors

5,500

4,475

Cash at bank

61,819

38,397

67,319

42,872

CREDITORS

Amounts falling due within one year

35,380

46,087

NET CURRENT ASSETS/(LIABILITIES)

31,939

(3,215

)

TOTAL ASSETS LESS CURRENT LIABILITIES

79,101

43,868

CAPITAL AND RESERVES

Called up share capital

4

3

1

Profit and loss account

79,098

43,867

SHAREHOLDERS' FUNDS

79,101

43,868

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 16 March 2015 and were signed by:

M WATSON - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

45,000

NET BOOK VALUE

At 31 December 2014

45,000

At 31 December 2013

45,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

2,450

Additions

460

At 31 December 2014

2,910

DEPRECIATION

At 1 January 2014

367

Charge for year

381

At 31 December 2014

748

NET BOOK VALUE

At 31 December 2014

2,162

At 31 December 2013

2,083

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

3

ordinary

1

3

1

2 ordinary shares of 1 each were allotted and fully paid for cash at par during the year.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 December 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

RIDGELL & CO

Highwood, Newbiggen Street

Thaxted, Dunmow

Essex

CM6 2QT

16 March 2015