Abbreviated Company Accounts - MANSFIELD FURNITURE CENTRE LIMITED

Abbreviated Company Accounts - MANSFIELD FURNITURE CENTRE LIMITED

MANSFIELD FURNITURE CENTRE LIMITED - Company Information

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Registered Number 07126442

MANSFIELD FURNITURE CENTRE LIMITED

Abbreviated Accounts

30 June 2015

MANSFIELD FURNITURE CENTRE LIMITED Registered Number 07126442

Abbreviated Balance Sheet as at 30 June 2015

Notes 30/06/2015 31/01/2014
£ £
Fixed assets
Tangible assets 2 - 2,018
- 2,018
Current assets
Stocks - 50,975
Cash at bank and in hand - 2,358
- 53,333
Creditors: amounts falling due within one year (25,911) (68,534)
Net current assets (liabilities) (25,911) (15,201)
Total assets less current liabilities (25,911) (13,183)
Total net assets (liabilities) (25,911) (13,183)
Capital and reserves
Called up share capital 100 100
Profit and loss account (26,011) (13,283)
Shareholders' funds (25,911) (13,183)
  • For the year ending 30 June 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 July 2015

And signed on their behalf by:
Emma Marie Burton, Director
Damien Shipman, Director

MANSFIELD FURNITURE CENTRE LIMITED Registered Number 07126442

Notes to the Abbreviated Accounts for the period ended 30 June 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 sales of goods excluding VAT

2Tangible fixed assets
£
Cost
At 1 February 2014 4,383
Additions -
Disposals (4,383)
Revaluations -
Transfers -
At 30 June 2015 0
Depreciation
At 1 February 2014 2,365
Charge for the year -
On disposals (2,365)
At 30 June 2015 0
Net book values
At 30 June 2015 0
At 31 January 2014 2,018

Depreciation is provided at the following annual rate in order to write off assets over their expected useful life
Fixtures fittings & equipment - 15% on reducing balance