Abbreviated Company Accounts - MRJO LIMITED

Registered Number NI006438

MRJO LIMITED

Abbreviated Accounts

30 September 2014

MRJO LIMITED Registered Number NI006438

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	957,899	760,263
Investments	3	10,000	10,000
		967,899	770,263
Current assets
Stocks		195,500	361,110
Debtors		314,615	7,629
Cash at bank and in hand		40,884	124,454
		550,999	493,193
Creditors: amounts falling due within one year		(90,310)	(54,801)
Net current assets (liabilities)		460,689	438,392
Total assets less current liabilities		1,428,588	1,208,655
Creditors: amounts falling due after more than one year		(187,036)	(694)
Provisions for liabilities		(4,024)	(2,309)
Total net assets (liabilities)		1,237,528	1,205,652
Capital and reserves
Called up share capital		15,000	15,000
Other reserves		30,000	30,000
Profit and loss account		1,192,528	1,160,652
Shareholders' funds		1,237,528	1,205,652

For the year ending 30 September 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 30 April 2015

And signed on their behalf by:
Mr Ryan Saunders, Director
Mr Richard Saunders, Director

MRJO LIMITED Registered Number NI006438

Notes to the Abbreviated Accounts for the period ended 30 September 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.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class
Land and Buildings 2% Straight line
Plant and machinery 25% Reducing balance
Fixtures and fittings 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 October 2013	1,166,758
Additions	219,847
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	1,386,605
Depreciation
At 1 October 2013	406,495
Charge for the year	22,211
On disposals	-
At 30 September 2014	428,706
Net book values
At 30 September 2014	957,899
At 30 September 2013	760,263

3Fixed assets Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.