Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

MARRIAGE SOFA DESIGN LTD - Company Information

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2014-04-012015-03-3106497214falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-04-012015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-04-012015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-04-012015-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2014-04-012015-03-31http://www.companieshouse.gov.uk/2013-04-012014-03-31http://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06497214
MARRIAGE SOFA DESIGN LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
Prepared By:
Deben Accounting Services Ltd
270 Colchester Road
Ipswich
IP4 4QX

MARRIAGE SOFA DESIGN LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 06497214

MARRIAGE SOFA DESIGN LTD
Registered Number: 06497214
BALANCE SHEET AT 31/03/2015
20152014
Notes££
FIXED ASSETS
Intangible assets26,0008,000
Tangible assets37,8444,295
13,84412,295
CURRENT ASSETS
Stock29,50039,300
Debtors (amounts falling due within one year)41,1012,988
Cash at bank and in hand3,8882,335
34,48944,623
CREDITORS: Amounts falling due within one year46,69255,888
NET CURRENT LIABILITIES(12,203)(11,265)
TOTAL ASSETS LESS CURRENT LIABILITIES1,6411,030
PROVISIONS FOR LIABILITIES-243
NET ASSETS1,641787
CAPITAL AND RESERVES
Called up share capital5100100
Share premium account10,00010,000
Profit and loss account(8,459)(9,313)
SHAREHOLDERS' FUNDS1,641787
For the year ending 31/03/2015 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 22/12/2015 and signed on their behalf by
S.E.Marriage
Director

MARRIAGE SOFA DESIGN LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

MARRIAGE SOFA DESIGN LTD
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/201420,00020,000
At 31/03/201520,00020,000
Depreciation
At 01/04/201412,00012,000
For the year2,0002,000
At 31/03/201514,00014,000
Net Book Amounts
At 31/03/20156,0006,000
At 31/03/20148,0008,000
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/201417,38617,386
Additions6,1636,163
At 31/03/201523,54923,549
Depreciation
At 01/04/201413,09113,091
For the year2,6142,614
At 31/03/201515,70515,705
Net Book Amounts
At 31/03/20157,8447,844
At 31/03/20144,2954,295

MARRIAGE SOFA DESIGN LTD
4. DEBTORS 20152014
££
Amounts falling due within one year:
Trade debtors8282,473
Other Tax66308
Other debtors207207
1,1012,988
5. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100