Marshbeck Limited - Limited company - abbreviated

REGISTERED NUMBER: 05374229 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 MARCH 2015

FOR

MARSHBECK LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

S T Marshall

SECRETARY:

Mrs S B J Marshall

REGISTERED OFFICE:

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

REGISTERED NUMBER:

05374229 (England and Wales)

ACCOUNTANTS:

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Marshbeck Limited for the year ended 31 March 2015 which comprise

the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Marshbeck Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marshbeck Limited and state those matters that we have agreed to state to the director of Marshbeck Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Marshbeck Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Marshbeck Limited. You consider that Marshbeck Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marshbeck

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the

statutory financial statements.

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

21 September 2015

FIXED ASSETS

Tangible assets

2

20,063

30,377

CURRENT ASSETS

Stocks

99,334

113,334

Debtors

-

6,432

Prepayments and accrued income

2,448

3,060

Cash at bank

51,779

16,057

153,561

138,883

CREDITORS

Amounts falling due within one year

106,240

75,711

NET CURRENT ASSETS

47,321

63,172

TOTAL ASSETS LESS CURRENT
LIABILITIES

67,384

93,549

CREDITORS

Amounts falling due after more than one
year

(3,281

)

(6,557

)

PROVISIONS FOR LIABILITIES

(4,013

)

(5,052

)

NET ASSETS

60,090

81,940

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

59,990

81,840

SHAREHOLDERS' FUNDS

60,090

81,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 21 September 2015 and were signed by:

S T Marshall - 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 comprises the value of goods and services supplied by the company, net of 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

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 taxation is provided on the liability method to take account of timing differences between

the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax

deferred or accelerated is accounted for in respect of all material timing differences.

Hire purchase commitments

Assets obtained under hire purchase contracts are capitalised in the balance sheet and depreciated

over their estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

71,042

Disposals

(27,150

)

At 31 March 2015

43,892

DEPRECIATION

At 1 April 2014

40,665

Charge for year

6,690

Eliminated on disposal

(23,526

)

At 31 March 2015

23,829

NET BOOK VALUE

At 31 March 2015

20,063

At 31 March 2014

30,377

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

4.	RELATED PARTY DISCLOSURES

The company occupies premises owned by its director Mr S T Marshall . A normal commercial property rent of £12,600 was payable during the year and at the balance sheet date £1,050 was outstanding (2014 £1,050).

During the year dividends totalling £39,400 were paid to Mr S T Marshall the director of the company
(2014 £24,400).

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S T Marshall by virtue of his ownership of 100% of the issued share capital of the company.

Marshbeck Limited - Limited company - abbreviated - 11.6

Marshbeck Limited - Limited company - abbreviated - 11.6