Abbreviated Company Accounts - MORTIMER PROJECTS LIMITED

MORTIMER PROJECTS LIMITED - Company Information

05821683 MORTIMER PROJECTS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 05821683 2014-06-01 2015-05-31 05821683 2015-05-31 05821683 2014-05-31 05821683 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 05821683 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 05821683

MORTIMER PROJECTS LIMITED

Abbreviated Accounts

31 May 2015

MORTIMER PROJECTS LIMITED Registered Number 05821683

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	82	96
		82	96
Current assets
Stocks		450,994	450,994
Debtors		2,775	1,887
Cash at bank and in hand		243	7,042
		454,012	459,923
Creditors: amounts falling due within one year		(187,546)	(179,483)
Net current assets (liabilities)		266,466	280,440
Total assets less current liabilities		266,548	280,536
Creditors: amounts falling due after more than one year		(260,000)	(280,000)
Total net assets (liabilities)		6,548	536
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		6,448	436
Shareholders' funds		6,548	536

For the year ending 31 May 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 February 2016

And signed on their behalf by:
Mrs J L Cockroft, Director

MORTIMER PROJECTS LIMITED Registered Number 05821683

Notes to the Abbreviated Accounts for the period ended 31 May 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 represents net invoiced sale of goods and work done, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment - 15% reducing balance method

Valuation information and policy
Stock and Work-in-Progress have been valued at the lower of cost and net realisable value. The cost of Work-in-Progress includes direct labour, materials and overhead contribution.

2Tangible fixed assets

	£
Cost
At 1 June 2014	316
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	316
Depreciation
At 1 June 2014	220
Charge for the year	14
On disposals	-
At 31 May 2015	234
Net book values
At 31 May 2015	82
At 31 May 2014	96

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

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