McCarey Simmonds Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05436887 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

McCarey Simmonds Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B McCarey

D C Simmonds

SECRETARY:

B McCarey

REGISTERED OFFICE:

The Design Studio

94 High St

Steyning

West Sussex

BN443RD

REGISTERED NUMBER:

05436887 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

The Stables

Stansted Park

Rowlands Castle

Havant

Hampshire

PO9 6DX

FIXED ASSETS

Tangible assets

2

4,062

4,122

CURRENT ASSETS

Debtors

58,188

90,873

Cash at bank and in hand

108,191

23,353

166,379

114,226

CREDITORS

Amounts falling due within one year

79,724

82,815

NET CURRENT ASSETS

86,655

31,411

TOTAL ASSETS LESS CURRENT LIABILITIES

90,717

35,533

PROVISIONS FOR LIABILITIES

1,080

748

NET ASSETS

89,637

34,785

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

89,537

34,685

SHAREHOLDERS' FUNDS

89,637

34,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors on 20 January 2016 and were signed on its behalf by:

B McCarey - Director

D C Simmonds - Director

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, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

13,779

Additions

1,594

At 30 April 2015

15,373

DEPRECIATION

At 1 May 2014

9,657

Charge for year

1,654

At 30 April 2015

11,311

NET BOOK VALUE

At 30 April 2015

4,062

At 30 April 2014

4,122

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

50

Ordinary 'A1' shares

£1

50

50

50

Ordinary 'A2' shares

£1

50

50

100

100