MBE Interiors Limited - Limited company - abbreviated

REGISTERED NUMBER: 04917773 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

MBE Interiors Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Healy

Mrs B J Healy

SECRETARY:

Mrs B J Healy

REGISTERED OFFICE:

4 Scott House

Admirals Way

London

E14 9UG

REGISTERED NUMBER:

04917773 (England and Wales)

ACCOUNTANTS:

Grays Accountants Ltd

Chartered Accountants

Kings Works

Kings Road

Teddington

Middlesex

TW11 0QB

FIXED ASSETS

Tangible assets

2

6,363

9,620

CURRENT ASSETS

Stocks

127,640

137,136

Debtors

255,601

451,896

Cash at bank

107,380

89,941

490,621

678,973

CREDITORS

Amounts falling due within one year

405,159

538,560

NET CURRENT ASSETS

85,462

140,413

TOTAL ASSETS LESS CURRENT
LIABILITIES

91,825

150,033

PROVISIONS FOR LIABILITIES

-

1,924

NET ASSETS

91,825

148,109

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

91,823

148,107

SHAREHOLDERS' FUNDS

91,825

148,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 June 2015 and were signed on its behalf by:

M Healy - Director

Mrs B J Healy - 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

36,314

Additions

4,593

At 30 September 2014

40,907

DEPRECIATION

At 1 October 2013

26,694

Charge for year

7,850

At 30 September 2014

34,544

NET BOOK VALUE

At 30 September 2014

6,363

At 30 September 2013

9,620

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

2

Ordinary

£1

2

MBE Interiors Limited - Limited company - abbreviated - 11.6

MBE Interiors Limited - Limited company - abbreviated - 11.6