Abbreviated Company Accounts - M. A. EDWARDS ACCOUNTANTS LTD

M. A. EDWARDS ACCOUNTANTS LTD - Company Information

04685112 M. A. EDWARDS ACCOUNTANTS LTD 2015-03-31 false 2014-04-01 2015-03-31 true 04685112 2014-04-01 2015-03-31 04685112 2015-03-31 04685112 2014-03-31 04685112 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04685112 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04685112

M. A. EDWARDS ACCOUNTANTS LTD

Abbreviated Accounts

31 March 2015

M. A. EDWARDS ACCOUNTANTS LTD Registered Number 04685112

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	63,354	71,272
Tangible assets	3	19,014	26,981
		82,368	98,253
Current assets
Stocks		24,598	19,806
Debtors		79,984	67,923
Cash at bank and in hand		12,041	8,683
		116,623	96,412
Creditors: amounts falling due within one year		(122,074)	(165,728)
Net current assets (liabilities)		(5,451)	(69,316)
Total assets less current liabilities		76,917	28,937
Total net assets (liabilities)		76,917	28,937
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		76,817	28,837
Shareholders' funds		76,917	28,937

For the year ending 31 March 2015 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 3 August 2015

And signed on their behalf by:
M.A. Edwards, Director

M. A. EDWARDS ACCOUNTANTS LTD Registered Number 04685112

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Equipment 15% p.a. Straight line basis.
Motor vehicles 20% p.a. Straight line basis.

Intangible assets amortisation policy
Goodwill 5% p.a. Straight line basis.

2Intangible fixed assets

	£
Cost
At 1 April 2014	158,370
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	158,370
Amortisation
At 1 April 2014	87,098
Charge for the year	7,918
On disposals	-
At 31 March 2015	95,016
Net book values
At 31 March 2015	63,354
At 31 March 2014	71,272

3Tangible fixed assets

	£
Cost
At 1 April 2014	64,881
Additions	3,201
Disposals	(8,590)
Revaluations	-
Transfers	-
At 31 March 2015	59,492
Depreciation
At 1 April 2014	37,900
Charge for the year	6,014
On disposals	(3,436)
At 31 March 2015	40,478
Net book values
At 31 March 2015	19,014
At 31 March 2014	26,981

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100