R A Mustoe Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06049578 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2014

for

R A Mustoe Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr R A J Mustoe

REGISTERED OFFICE:

Quarry Hill Farm

London Road

Thrupp

Stroud

Gloucestershire

GL5 2AZ

REGISTERED NUMBER:

06049578 (England and Wales)

FIXED ASSETS

Tangible assets

2

707

943

CURRENT ASSETS

Stocks

114

92

Debtors

4,863

3,310

Cash at bank

2,153

1,599

7,130

5,001

CREDITORS

Amounts falling due within one year

7,820

7,461

NET CURRENT LIABILITIES

(690

)

(2,460

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17

(1,517

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(83

)

(1,617

)

SHAREHOLDERS' FUNDS

17

(1,517

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 17 April 2014 and were signed by:

Mr R A J Mustoe - 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done

in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts

for on-going services is recognised by reference to the stage of completion.

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

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

5,300

DEPRECIATION

At 1 February 2013

4,357

Charge for year

236

At 31 January 2014

4,593

NET BOOK VALUE

At 31 January 2014

707

At 31 January 2013

943

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100