Martex Services Limited - Period Ending 2014-10-31

Martex Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

Martex Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Martex Services Limited
(Registration number: 07833108)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					215			253
Current assets
Debtors					700			3,860
Cash at bank and in hand					910			2,456
					1,610			6,316
Creditors: Amounts falling due within one year					(4,745)			(5,629)
Net current (liabilities)/assets					(3,135)			687
Net (liabilities)/assets					(2,920)			940
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					(2,922)			938
Shareholders' (deficit)/funds					(2,920)			940

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 director acknowledges his 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 director on 21 November 2014

.........................................
Mr. Martin Jenkins
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Martex Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2013		449			449
At 31 October 2014		449			449
Depreciation
At 1 November 2013		196			196
Charge for the year		38			38
At 31 October 2014		234			234
Net book value
At 31 October 2014		215			215
At 31 October 2013		253			253

Page 2

Martex Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 (2013 - £0.00) each		2			2			-			-

Page 3