Abbreviated Company Accounts - M&P CASWELL LIMITED
Abbreviated Company Accounts - M&P CASWELL LIMITED
Registered Number 08170986
M&P CASWELL LIMITED
Abbreviated Accounts
31 August 2015
M&P CASWELL LIMITED Registered Number 08170986
Abbreviated Balance Sheet as at 31 August 2015
Notes | 2015 | 2014 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|||
Current assets | |||
Stocks |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year | 4 |
( |
( |
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Creditors: amounts falling due after more than one year | 4 |
( |
( |
Provisions for liabilities |
( |
|
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital | 5 |
|
|
Profit and loss account |
( |
( |
|
Shareholders' funds |
( |
( |
For the year ending 31 August 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
And signed on their behalf by:
M&P CASWELL LIMITED Registered Number 08170986
Notes to the Abbreviated Accounts for the period ended 31 August 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery 25% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 25% reducing balance
Other accounting policies
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Stock
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Going concern
The validity of the going concern basis depends upon the continuing support from its director.
£ | |
---|---|
Cost | |
At 1 September 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 August 2015 |
|
Amortisation | |
At 1 September 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 August 2015 |
|
Net book values | |
At 31 August 2015 | 26,600 |
At 31 August 2014 | 30,400 |
£ | |
---|---|
Cost | |
At 1 September 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 August 2015 |
|
Depreciation | |
At 1 September 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 August 2015 |
|
Net book values | |
At 31 August 2015 | 8,528 |
At 31 August 2014 | 4,546 |
2015
£ |
2014
£ |
|
---|---|---|
Secured Debts |
|
|