Abbreviated Company Accounts - MARSHGATE PROPERTIES LIMITED

Abbreviated Company Accounts - MARSHGATE PROPERTIES LIMITED

MARSHGATE PROPERTIES LIMITED - Company Information

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Registered Number 03919831

MARSHGATE PROPERTIES LIMITED

Abbreviated Accounts

31 March 2015

MARSHGATE PROPERTIES LIMITED Registered Number 03919831

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 13,267 444
13,267 444
Current assets
Stocks 422,330 129,177
Debtors 14,239 65,951
Cash at bank and in hand 15,054 5,406
451,623 200,534
Creditors: amounts falling due within one year (291,890) (129,803)
Net current assets (liabilities) 159,733 70,731
Total assets less current liabilities 173,000 71,175
Creditors: amounts falling due after more than one year (60,750) -
Total net assets (liabilities) 112,250 71,175
Capital and reserves
Called up share capital 100 100
Profit and loss account 112,150 71,075
Shareholders' funds 112,250 71,175
  • For the year ending 31 March 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 23 October 2015

And signed on their behalf by:
Andrew Denton, Director

MARSHGATE PROPERTIES LIMITED Registered Number 03919831

Notes to the Abbreviated Accounts for the period ended 31 March 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 is represented excluding VAT and is derived from the main activity of the business

Tangible assets depreciation policy
20% and 25% straight line basis

2Tangible fixed assets
£
Cost
At 1 April 2014 94,167
Additions 16,275
Disposals -
Revaluations -
Transfers -
At 31 March 2015 110,442
Depreciation
At 1 April 2014 93,723
Charge for the year 3,452
On disposals -
At 31 March 2015 97,175
Net book values
At 31 March 2015 13,267
At 31 March 2014 444