Abbreviated Company Accounts - M C THORPE LIMITED

Abbreviated Company Accounts - M C THORPE LIMITED

M C THORPE LIMITED - Company Information

Print Friendly Version

Registered Number 06492857

M C THORPE LIMITED

Abbreviated Accounts

31 March 2015

M C THORPE LIMITED Registered Number 06492857

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,112 955
1,112 955
Current assets
Debtors 46,352 54,579
Cash at bank and in hand 38,916 24,137
85,268 78,716
Creditors: amounts falling due within one year (84,220) (68,424)
Net current assets (liabilities) 1,048 10,292
Total assets less current liabilities 2,160 11,247
Total net assets (liabilities) 2,160 11,247
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,060 11,147
Shareholders' funds 2,160 11,247
  • 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 29 December 2015

And signed on their behalf by:
M C THORPE, Director

M C THORPE LIMITED Registered Number 06492857

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 January 2015.

Turnover policy
Turnover consists of invoiced sales excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant & machinery 25% Reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2014 3,308
Additions 190
Disposals -
Revaluations -
Transfers -
At 31 March 2015 3,498
Depreciation
At 1 April 2014 2,353
Charge for the year 33
On disposals -
At 31 March 2015 2,386
Net book values
At 31 March 2015 1,112
At 31 March 2014 955