Marketing Support International Limited - Limited company - abbreviated - 11.9

MARKETING SUPPORT INTERNATIONAL LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

Mr K A Field

Mr D J Field

SECRETARY:

Mrs S Field

REGISTERED OFFICE:

8 West Burrowfield

Welwyn Garden City

Hertfordshire

AL7 4TW

REGISTERED NUMBER:

02811827 (England and Wales)

ACCOUNTANTS:

RS Partnership Ltd.

Riverside House

14 Prospect Place

Welwyn

Hertfordshire

AL6 9EN

FIXED ASSETS

Tangible assets

2

23,463

16,288

CURRENT ASSETS

Stocks

24,620

20,722

Debtors

95,443

153,082

Cash at bank and in hand

23,307

1,238

143,370

175,042

CREDITORS

Amounts falling due within one year

133,069

157,171

NET CURRENT ASSETS

10,301

17,871

TOTAL ASSETS LESS CURRENT LIABILITIES

33,764

34,159

PROVISIONS FOR LIABILITIES

4,526

529

NET ASSETS

29,238

33,630

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

29,138

33,530

SHAREHOLDERS' FUNDS

29,238

33,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 October 2015 and were signed on its behalf by:

Mr K A Field - Director

Mr D J Field - 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred tax is recognised in respect

of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax

assets are recognised only to the extent that the directors consider that it is more likely than not that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is

measured on a non-discounted basis at the average tax rates that would apply when the timing differences are

expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

32,008

Additions

16,588

At 30 April 2015

48,596

DEPRECIATION

At 1 May 2014

15,720

Charge for year

9,413

At 30 April 2015

25,133

NET BOOK VALUE

At 30 April 2015

23,463

At 30 April 2014

16,288

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

In accordance with the requirements of the Companies Act 2006 the following information is given below

relating to balances and transactions relating to the company's directors.

2015

2014

£

£

Included within creditors

Mr K A Field

35,187

35,208

Mr D Field

43,615

40,764