Abbreviated Company Accounts - MARINER TRADING LIMITED

MARINER TRADING LIMITED - Company Information

08333953 MARINER TRADING LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08333953 2014-04-01 2015-03-31 08333953 2015-03-31 08333953 2014-03-31 08333953 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08333953 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 08333953

MARINER TRADING LIMITED

Abbreviated Accounts

31 March 2015

MARINER TRADING LIMITED Registered Number 08333953

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	15,000	20,000
		15,000	20,000
Current assets
Debtors		71,803	65,600
Cash at bank and in hand		766	905
		72,569	66,505
Creditors: amounts falling due within one year		(86,966)	(86,840)
Net current assets (liabilities)		(14,397)	(20,335)
Total assets less current liabilities		603	(335)
Total net assets (liabilities)		603	(335)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		503	(435)
Shareholders' funds		603	(335)

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 23 December 2015

And signed on their behalf by:
Mr I Pinkstone, Director

MARINER TRADING LIMITED Registered Number 08333953

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 shown in the profit and loss account represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. Revenue is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - over 3 years

Other accounting policies
Provisions for liabilities
Provisions for the expected costs of maintenance under guarantees are charged against profits when products have been invoiced. The effect of the time value of money is not material and therefore the provisions are not discounted.

Deferred taxation
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.

2Intangible fixed assets

	£
Cost
At 1 April 2014	30,000
Additions	10,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	40,000
Amortisation
At 1 April 2014	10,000
Charge for the year	15,000
On disposals	-
At 31 March 2015	25,000
Net book values
At 31 March 2015	15,000
At 31 March 2014	20,000

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100