Montreux Marketing Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01116858 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Montreux Marketing Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M S Mulligan

Mrs S L Mulligan

SECRETARY:

Mrs S L Mulligan

REGISTERED OFFICE:

The Old Shoe Factory

Bardolph Street East

LEICESTER

Leicestershire

LE4 6EG

REGISTERED NUMBER:

01116858 (England and Wales)

ACCOUNTANTS:

Vaughan Davies & Co (Accountants) Ltd

Post Office House

100 Long Street

Atherstone

Warwickshire

CV9 1AP

FIXED ASSETS

Tangible assets

2

17,427

4,645

CURRENT ASSETS

Stocks

145,796

142,938

Debtors

160,453

142,075

Cash at bank

82,334

-

388,583

285,013

CREDITORS

Amounts falling due within one year

274,975

229,552

NET CURRENT ASSETS

113,608

55,461

TOTAL ASSETS LESS CURRENT LIABILITIES

131,035

60,106

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

130,935

60,006

SHAREHOLDERS' FUNDS

131,035

60,106

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 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 9 July 2014 and were signed on its behalf by:

M S Mulligan - 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 of goods, 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

56,507

Additions

16,312

At 31 December 2013

72,819

DEPRECIATION

At 1 January 2013

51,862

Charge for year

3,530

At 31 December 2013

55,392

NET BOOK VALUE

At 31 December 2013

17,427

At 31 December 2012

4,645

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100