M. Murfin & Sons Limited - Limited company - abbreviated - 11.0.0

M. Murfin & Sons Limited - Limited company - abbreviated - 11.0.0

M. MURFIN & SONS LIMITED - Company Information

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REGISTERED NUMBER: 07632637 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

M. Murfin & Sons Limited

M. Murfin & Sons Limited (Registered number: 07632637)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

M. Murfin & Sons Limited

Company Information
for the Year Ended 31 December 2013







DIRECTOR: D Murfin





SECRETARY: D Murfin





REGISTERED OFFICE: 16 Olive Grove
Chaddesden
Derby
DE21 6SR





REGISTERED NUMBER: 07632637 (England and Wales)





Page 1
M. Murfin & Sons Limited (Registered number: 07632637)

Abbreviated Balance Sheet
31 December 2013

31.12.13 31.12.12
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 51,570 51,570
Tangible assets 3 524,914 531,719
576,484 583,289

CURRENT ASSETS
Stocks 59,399 41,383
Debtors 15,995 15,887
Cash at bank and in hand 34,747 30,512
110,141 87,782
CREDITORS
Amounts falling due within one year 158,510 153,734
NET CURRENT LIABILITIES (48,369 ) (65,952 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
528,115
517,337

PROVISIONS FOR LIABILITIES 906 648
NET ASSETS 527,209 516,689

CAPITAL AND RESERVES
Called up share capital 4 500,000 500,000
Profit and loss account 27,209 16,689
SHAREHOLDERS' FUNDS 527,209 516,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 notes form part of these abbreviated accounts

Page 2 continued...
M. Murfin & Sons Limited (Registered number: 07632637)

Abbreviated Balance Sheet - continued
31 December 2013


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 18 September 2014 and were signed by:





D Murfin - Director


The notes form part of these abbreviated accounts

Page 3
M. Murfin & Sons Limited (Registered number: 07632637)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2013

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 is based on information supplied by the coal industry and no depreciation is considered necessary as at
31 December 2013.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc - at variable rates on reducing balance

No depreciation is provided on Freehold Land. Buildings are depreciated at 2% p.a. on a straight line basis.

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.

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. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013
and 31 December 2013 51,570
NET BOOK VALUE

At 31 December 2013 51,570
At 31 December 2012 51,570

Page 4 continued...
M. Murfin & Sons Limited (Registered number: 07632637)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2013

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013 534,111
Additions 2,170
At 31 December 2013 536,281
DEPRECIATION
At 1 January 2013 2,392
Charge for year 8,975
At 31 December 2013 11,367
NET BOOK VALUE
At 31 December 2013 524,914
At 31 December 2012 531,719

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.13 31.12.12
value: £    £   
1,000 A Ordinary 1 1,000 1,000
499,000 B Ordinary 1 499,000 499,000
500,000 500,000

Page 5