Abbreviated Company Accounts - MULTIFUEL COOKING & HEATING LIMITED

MULTIFUEL COOKING & HEATING LIMITED - Company Information

04659714 MULTIFUEL COOKING & HEATING LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04659714 2014-04-01 2015-03-31 04659714 2015-03-31 04659714 2014-03-31 04659714 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04659714 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04659714

MULTIFUEL COOKING & HEATING LIMITED

Abbreviated Accounts

31 March 2015

MULTIFUEL COOKING & HEATING LIMITED Registered Number 04659714

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	10,500	12,125
Tangible assets	3	1,331	1,773
		11,831	13,898
Current assets
Stocks		500	500
Debtors		1,363	-
Cash at bank and in hand		423	462
		2,286	962
Creditors: amounts falling due within one year		(14,048)	(14,343)
Net current assets (liabilities)		(11,762)	(13,381)
Total assets less current liabilities		69	517
Total net assets (liabilities)		69	517
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		67	515
Shareholders' funds		69	517

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 13 November 2015

And signed on their behalf by:
Mr N M Bishop, Director

MULTIFUEL COOKING & HEATING LIMITED Registered Number 04659714

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 represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being
amortised evenly over its estimated useful life of eighteen years

Other accounting policies
Stocks:
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Pension costs and other post-retirement benefits:
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

Related party disclosures:
The company was under the control of Mr N Bishop throughout the period.
Mr Bishop is the managing director and majority shareholder.

2Intangible fixed assets

	£
Cost
At 1 April 2014	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	30,000
Amortisation
At 1 April 2014	17,875
Charge for the year	1,625
On disposals	-
At 31 March 2015	19,500
Net book values
At 31 March 2015	10,500
At 31 March 2014	12,125

3Tangible fixed assets

	£
Cost
At 1 April 2014	22,054
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	22,054
Depreciation
At 1 April 2014	20,281
Charge for the year	442
On disposals	-
At 31 March 2015	20,723
Net book values
At 31 March 2015	1,331
At 31 March 2014	1,773

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	Mr N M Bishop
Description of the transaction:	Loans to Director
Balance at 1 April 2014:	-
Advances or credits made:	£ 1,363
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 1,363