Abbreviated Company Accounts - MARKER & ECCLES LIMITED

Abbreviated Company Accounts - MARKER & ECCLES LIMITED

MARKER & ECCLES LIMITED - Company Information

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Registered Number 03837983

MARKER & ECCLES LIMITED

Abbreviated Accounts

30 September 2015

MARKER & ECCLES LIMITED Registered Number 03837983

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 53,424 54,924
Tangible assets 3 7,825 7,759
61,249 62,683
Current assets
Stocks 6,212 4,500
Debtors 25,062 29,101
Cash at bank and in hand 72,087 51,180
103,361 84,781
Creditors: amounts falling due within one year (137,190) (120,145)
Net current assets (liabilities) (33,829) (35,364)
Total assets less current liabilities 27,420 27,319
Total net assets (liabilities) 27,420 27,319
Capital and reserves
Called up share capital 900 900
Profit and loss account 26,520 26,419
Shareholders' funds 27,420 27,319
  • For the year ending 30 September 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 30 June 2016

And signed on their behalf by:
I A James, Director

MARKER & ECCLES LIMITED Registered Number 03837983

Notes to the Abbreviated Accounts for the period ended 30 September 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 sales of goods, and services excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided on reducing balance basis at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures & Equipment 15% Reducing Balance
Computer Equipment 15% Reducing Balance

No depreciation is charged in the year of acquisition.

Valuation information and policy
Work in Progress is valued at the prime cost of labour plus other direct costs.

2Intangible fixed assets
£
Cost
At 1 October 2014 63,924
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 63,924
Amortisation
At 1 October 2014 9,000
Charge for the year 1,500
On disposals -
At 30 September 2015 10,500
Net book values
At 30 September 2015 53,424
At 30 September 2014 54,924
3Tangible fixed assets
£
Cost
At 1 October 2014 31,641
Additions 1,229
Disposals -
Revaluations -
Transfers -
At 30 September 2015 32,870
Depreciation
At 1 October 2014 23,882
Charge for the year 1,163
On disposals -
At 30 September 2015 25,045
Net book values
At 30 September 2015 7,825
At 30 September 2014 7,759