Abbreviated Company Accounts - MICHAEL SPRACKLEN LIMITED

MICHAEL SPRACKLEN LIMITED - Company Information

02074059 MICHAEL SPRACKLEN LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 02074059 2014-04-01 2015-03-31 02074059 2015-03-31 02074059 2014-03-31 02074059 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 02074059 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 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 02074059

MICHAEL SPRACKLEN LIMITED

Abbreviated Accounts

31 March 2015

MICHAEL SPRACKLEN LIMITED Registered Number 02074059

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	420,698	420,813
		420,698	420,813
Current assets
Debtors		11,083	21,516
Cash at bank and in hand		25,859	24,700
		36,942	46,216
Creditors: amounts falling due within one year		(79,802)	(80,220)
Net current assets (liabilities)		(42,860)	(34,004)
Total assets less current liabilities		377,838	386,809
Provisions for liabilities		-	(154)
Accruals and deferred income		(2,596)	(2,596)
Total net assets (liabilities)		375,242	384,059
Capital and reserves
Called up share capital	3	322,758	322,758
Profit and loss account		52,484	61,301
Shareholders' funds		375,242	384,059

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 10 November 2015

And signed on their behalf by:
M A Spracklen, Director

MICHAEL SPRACKLEN LIMITED Registered Number 02074059

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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities.

Tangible assets depreciation policy
Land and buildings - None provided
Fixtures, fittings and equipment - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	443,721
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	443,721
Depreciation
At 1 April 2014	22,908
Charge for the year	115
On disposals	-
At 31 March 2015	23,023
Net book values
At 31 March 2015	420,698
At 31 March 2014	420,813

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
322,758 Ordinary shares of £1 each	322,758	322,758