Metro Piazza (London) Limited - Limited company - abbreviated

REGISTERED NUMBER: 04806984 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2014

for

Metro Piazza (London) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Rocha

REGISTERED OFFICE:

Champions Way

London

NW4 1PX

REGISTERED NUMBER:

04806984 (England and Wales)

ACCOUNTANTS:

CAS MCGEE LTD

Chartered Certified Accountants

4 Chalk Lane

Cockfosters

Barnet

Hertfordshire

EN4 9HZ

FIXED ASSETS

Tangible assets

2

25,591

31,256

CURRENT ASSETS

Stocks

4,795

4,475

Debtors

25,021

Cash at bank and in hand

65,595

52,354

95,411

81,850

CREDITORS

Amounts falling due within one year

69,091

59,289

NET CURRENT ASSETS

26,320

22,561

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,911

53,817

CREDITORS

Amounts falling due after more than one
year

3

21,143

28,758

NET ASSETS

30,768

25,059

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

30,766

25,057

SHAREHOLDERS' FUNDS

30,768

25,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 September 2015 and were signed by:

Mr J Rocha - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

in accordance with the lease terms

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

73,446

Additions

2,865

At 31 December 2014

76,311

DEPRECIATION

At 1 January 2014

42,190

Charge for year

8,530

At 31 December 2014

50,720

NET BOOK VALUE

At 31 December 2014

25,591

At 31 December 2013

31,256

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.14

31.12.13

£

Repayable by instalments

8,035

13,237

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

2

Ordinary

£1.00

2

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2014 and

31 December 2013:

31.12.14

31.12.13

£

Mr J Rocha

Balance outstanding at start of year

(12,890

)

(173

)

Amounts advanced

(6,139

)

(12,717

)

Amounts repaid

-

Balance outstanding at end of year

(19,029

)

(12,890

)

Metro Piazza (London) Limited - Limited company - abbreviated - 11.6

Metro Piazza (London) Limited - Limited company - abbreviated - 11.6