Abbreviated Company Accounts - MERCIAN ABILITY PARTNERSHIP

Abbreviated Company Accounts - MERCIAN ABILITY PARTNERSHIP

MERCIAN ABILITY PARTNERSHIP - Company Information

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Registered Number 07055185

MERCIAN ABILITY PARTNERSHIP

Abbreviated Accounts

31 October 2014

MERCIAN ABILITY PARTNERSHIP Registered Number 07055185

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 20,308 16,005
Investments - -
20,308 16,005
Current assets
Stocks 4,105 4,526
Debtors 147 256
Investments - -
Cash at bank and in hand 3,382 16,298
7,634 21,080
Prepayments and accrued income - 29
Creditors: amounts falling due within one year (82) (65)
Net current assets (liabilities) 7,552 21,044
Total assets less current liabilities 27,860 37,049
Accruals and deferred income - (15,380)
Total net assets (liabilities) 27,860 21,669
Reserves
Other reserves 21,669 12,595
Income and expenditure account 6,191 9,074
Members' funds 27,860 21,669
  • For the year ending 31 October 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 20 January 2015

And signed on their behalf by:
Terry Dix, Director

MERCIAN ABILITY PARTNERSHIP Registered Number 07055185

Notes to the Abbreviated Accounts for the period ended 31 October 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.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 November 2013 27,964
Additions 12,319
Disposals (2,100)
Revaluations -
Transfers -
At 31 October 2014 38,183
Depreciation
At 1 November 2013 11,959
Charge for the year 6,769
On disposals (853)
At 31 October 2014 17,875
Net book values
At 31 October 2014 20,308
At 31 October 2013 16,005