Marine Court (Instow) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02795224 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

MARINE COURT (INSTOW) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P A Latham

D J Way

B H Cooke

Mrs J A Jackson

P J Oakes

Mrs S M Marmion

Lt Col. D R Arthur MBE

SECRETARY:

B H Cooke

REGISTERED OFFICE:

The Custom House

The Strand

Barnstaple

Devon

EX31 1EU

REGISTERED NUMBER:

02795224 (England and Wales)

ACCOUNTANTS:

Perrins Limited

Chartered Accountants

The Custom House

The Strand

Barnstaple

Devon

EX31 1EU

FIXED ASSETS

Tangible assets

2

8,111

CURRENT ASSETS

Debtors

697

1,322

Cash at bank

15,807

10,527

16,504

11,849

CREDITORS

Amounts falling due within one year

16,881

9,883

NET CURRENT (LIABILITIES)/ASSETS

(377

)

1,966

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,734

10,077

CAPITAL AND RESERVES

Called up share capital

3

9,000

Profit and loss account

(1,266

)

1,077

SHAREHOLDERS' FUNDS

7,734

10,077

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 and authorised for issue by the Board of Directors on 2 June 2016 and were
signed on its behalf by:

B H Cooke - Director

D J Way - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Freehold property

-

not provided

From 1 April 1998 the directors reviewed the position regarding the provision of depreciation on freehold

property. Following that review, the board consider that the potential annual depreciation charge, after taking

into account the estimated remaining useful life and the residual value of the freehold property, is not material,

and accordingly no depreciation charge has been made in the financial statements. The board have reviewed this

position at the year end for any impairment of value to ensure the company's assets are fairly stated at all times,

in accordance with the provisions of Financial Reporting Standard 15.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

8,111

NET BOOK VALUE

At 31 March 2016

8,111

At 31 March 2015

8,111

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

15

Ordinary

£600

9,000