Markmill Limited - Limited company - abbreviated

REGISTERED NUMBER: 01963589 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2014

for

Markmill Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr G N Pack

Mr A G Fortescue

SECRETARY:

Mr G N Pack

REGISTERED OFFICE:

Waterside Farm

West Brabourne

Ashford

Kent

TN25 5NA

REGISTERED NUMBER:

01963589 (England and Wales)

ACCOUNTANTS:

Berry & Co

7 Clarendon Place

King Street

Maidstone

Kent

ME14 1BQ

FIXED ASSETS

Tangible assets

2

426,882

CURRENT ASSETS

Cash at bank

7,285

12,241

CREDITORS

Amounts falling due within one year

23,201

24,499

NET CURRENT LIABILITIES

(15,916

)

(12,258

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

410,966

414,624

CREDITORS

Amounts falling due after more than one
year

30,000

45,000

NET ASSETS

380,966

369,624

CAPITAL AND RESERVES

Called up share capital

3

10,000

Revaluation reserve

129,923

Profit and loss account

241,043

229,701

SHAREHOLDERS' FUNDS

380,966

369,624

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 June 2015 and were signed on its behalf by:

Mr A G Fortescue - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Deferred tax

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

sheet date.

Investment property

In accordance with Statement of Standard Accounting Practice number 19, interests in property which is held for

its investment potential are carried in the balance sheet at their open market value. The directors consider that

this accounting policy results in the accounts giving a true and fair view.

Changes in value are not taken to the profit and loss account but are disclosed as a movement on an investment

revaluation reserve, unless the total of the reserve is insufficient to cover a deficit, in which case the shortfall is

charged to the profit and loss account.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 December 2013

and 30 November 2014

426,882

NET BOOK VALUE

At 30 November 2014

426,882

At 30 November 2013

426,882

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

10,000

Ordinary

£1

10,000

Markmill Limited - Limited company - abbreviated - 11.6

Markmill Limited - Limited company - abbreviated - 11.6