MARLYNS_(EDGBASTON)_LTD - Accounts

MARLYNS (EDGBASTON) LIMITED - Company Information

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Company Registration No. 00472671 (England and Wales)

MARLYNS (EDGBASTON) LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

MARLYNS (EDGBASTON) LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MARLYNS (EDGBASTON) LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

523,979

603,979

Current assets

Stocks

1,008,306

717,431

Debtors

9,844

6,261

Cash at bank and in hand

264,461

355,771

1,282,611

1,079,463

Creditors: amounts falling due within one year

(67,002)

(75,798)

Net current assets

1,215,609

1,003,665

Total assets less current liabilities

1,739,588

1,607,644

Capital and reserves

Called up share capital

900

Profit and loss account

1,738,688

1,606,744

Shareholders' funds

1,739,588

1,607,644

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 7 August 2015

Mr J P Shingler

Director

Company Registration No. 00472671

MARLYNS (EDGBASTON) LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents rents receivable and proceeds from the sale of properties.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

Stock and work in progress

Stocks include freehold property, leasehold property and ground rents at cost.

Fixed assets

Investments

Cost

At 1 April 2014

603,979

Disposals

(80,000)

At 31 March 2015

523,979

At 31 March 2014

603,979

Share capital

2015

2014

Allotted, called up and fully paid

900 Ordinary shares of £1 each

900