Murray & Sorrell Fuel Limited - Limited company - abbreviated

REGISTERED NUMBER: 04520866 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st March 2014

for

Murray & Sorrell Fuel Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Sorrell

D L Murray

REGISTERED OFFICE:

74 College Road

Maidstone

Kent

ME15 6SL

REGISTERED NUMBER:

04520866 (England and Wales)

ACCOUNTANTS:

Blain Pritchard

Authorised Public Accountants

74 College Road

Maidstone

Kent

ME15 6SL

FIXED ASSETS

Intangible assets

2

60,000

78,000

Tangible assets

3

8,705

11,606

68,705

89,606

CURRENT ASSETS

Debtors

110,293

82,351

Cash at bank

52,096

83,252

162,389

165,603

CREDITORS

Amounts falling due within one year

20,344

25,197

NET CURRENT ASSETS

142,045

140,406

TOTAL ASSETS LESS CURRENT
LIABILITIES

210,750

230,012

CAPITAL AND RESERVES

Called up share capital

4

300

Profit and loss account

210,450

229,712

SHAREHOLDERS' FUNDS

210,750

230,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 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 23rd September 2014 and were signed on its
behalf by:

S Sorrell - Director

D L Murray - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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 etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

240,000

AMORTISATION

At 1st April 2013

162,000

Amortisation for year

18,000

At 31st March 2014

180,000

NET BOOK VALUE

At 31st March 2014

60,000

At 31st March 2013

78,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

33,720

DEPRECIATION

At 1st April 2013

22,114

Charge for year

2,901

At 31st March 2014

25,015

NET BOOK VALUE

At 31st March 2014

8,705

At 31st March 2013

11,606

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

'A' ordinary

£1

100

'B' ordinary

£1

100

'C' ordinary

£1

100

300

Murray & Sorrell Fuel Limited - Limited company - abbreviated - 11.0.0

Murray & Sorrell Fuel Limited - Limited company - abbreviated - 11.0.0