Abbreviated Company Accounts - METRO LIVING LIMITED

METRO LIVING LIMITED - Company Information

04619414 METRO LIVING LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04619414 2014-01-01 2014-12-31 04619414 2014-12-31 04619414 2013-12-31 04619414 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04619414 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04619414

METRO LIVING LIMITED

Abbreviated Accounts

31 December 2014

METRO LIVING LIMITED Registered Number 04619414

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,633	2,177
		1,633	2,177
Current assets
Debtors		-	478
Investments		2,057,355	2,046,980
Cash at bank and in hand		47,526	48,184
		2,104,881	2,095,642
Creditors: amounts falling due within one year		(4,884)	(3,325)
Net current assets (liabilities)		2,099,997	2,092,317
Total assets less current liabilities		2,101,630	2,094,494
Creditors: amounts falling due after more than one year		(1,672,106)	(1,673,164)
Total net assets (liabilities)		429,524	421,330
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		429,424	421,230
Shareholders' funds		429,524	421,330

For the year ending 31 December 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 14 July 2015

And signed on their behalf by:
B S Kang, Director

METRO LIVING LIMITED Registered Number 04619414

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

Turnover policy
Turnover represents amounts receivable for property and services.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 25% of net book value

Valuation information and policy
Current asset investments are stated at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 January 2014	9,150
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	9,150
Depreciation
At 1 January 2014	6,973
Charge for the year	544
On disposals	-
At 31 December 2014	7,517
Net book values
At 31 December 2014	1,633
At 31 December 2013	2,177

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100