Mark Antony Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06845472 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Mark Antony Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M Hill

SECRETARY:

G J Hill

REGISTERED OFFICE:

Old Gun Court

North Street

Dorking

Surrey

RH4 1DE

REGISTERED NUMBER:

06845472 (England and Wales)

ACCOUNTANTS:

Mapperson Price, Chartered Accountants

Old Gun Court

North Street

Dorking

Surrey

RH4 1DE

FIXED ASSETS

Intangible assets

2

7,200

9,600

Tangible assets

3

55,654

62,873

62,854

72,473

CURRENT ASSETS

Stocks

26,065

26,750

Debtors

10,000

10,200

Cash at bank

467

3,245

36,532

40,195

CREDITORS

Amounts falling due within one year

25,428

37,969

NET CURRENT ASSETS

11,104

2,226

TOTAL ASSETS LESS CURRENT LIABILITIES

73,958

74,699

CREDITORS

Amounts falling due after more than one year

64,584

79,731

NET ASSETS/(LIABILITIES)

9,374

(5,032

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

9,274

(5,132

)

SHAREHOLDERS' FUNDS

9,374

(5,032

)

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 1 October 2015 and were signed by:

M Hill - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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 etc

-

20% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

12,000

AMORTISATION

At 1 April 2014

2,400

Amortisation for year

2,400

At 31 March 2015

4,800

NET BOOK VALUE

At 31 March 2015

7,200

At 31 March 2014

9,600

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

74,533

Additions

5,550

At 31 March 2015

80,083

DEPRECIATION

At 1 April 2014

11,660

Charge for year

12,769

At 31 March 2015

24,429

NET BOOK VALUE

At 31 March 2015

55,654

At 31 March 2014

62,873

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100