The Morley James Group Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04500287 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

THE MORLEY JAMES GROUP LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Morley-Cotterell

REGISTERED OFFICE:

Avon House

435 Stratford Road

Shirley

Solihull

West Midlands

B90 4AA

REGISTERED NUMBER:

04500287 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

2

2,343

3,123

CURRENT ASSETS

Debtors

82,602

-

Cash at bank

14,169

21,372

96,771

21,372

CREDITORS

Amounts falling due within one year

98,985

22,180

NET CURRENT LIABILITIES

(2,214

)

(808

)

TOTAL ASSETS LESS CURRENT LIABILITIES

129

2,315

CREDITORS

Amounts falling due after more than one year

-

305

NET ASSETS

129

2,010

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

29

1,910

SHAREHOLDERS' FUNDS

129

2,010

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 director acknowledges his 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 director on 24 September 2014 and were signed by:

Mr J Morley-Cotterell - 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 services.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

23,778

DEPRECIATION

At 1 January 2013

20,655

Charge for year

780

At 31 December 2013

21,435

NET BOOK VALUE

At 31 December 2013

2,343

At 31 December 2012

3,123

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2013

and 31 December 2012:

2013

2012

£

£

Mr J Morley-Cotterell

Balance outstanding at start of year

-

-

Amounts advanced

82,602

-

Amounts repaid

-

-

Balance outstanding at end of year

82,602

-

The loan is interest free and there are no fixed terms for repayment.