Marble Homes (Leicester) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06412558 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 October 2015

for

Marble Homes (Leicester) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R S Punia

Mr J Singh

SECRETARY:

Mrs D Kaur

REGISTERED OFFICE:

27-35 Sussex Street

Leicester

Leicestershire

LE5 3BF

REGISTERED NUMBER:

06412558 (England and Wales)

FIXED ASSETS

Tangible assets

2

18,053

21,017

CURRENT ASSETS

Stocks

442,491

823,461

Debtors

49,208

2,291,493

Cash at bank and in hand

803,171

46,039

1,294,870

3,160,993

CREDITORS

Amounts falling due within one year

322,581

2,494,082

NET CURRENT ASSETS

972,289

666,911

TOTAL ASSETS LESS CURRENT LIABILITIES

990,342

687,928

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

990,339

687,925

SHAREHOLDERS' FUNDS

990,342

687,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 by the Board of Directors on 28 July 2016 and were signed on its behalf by:

Mr J Singh - 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 services, excluding value added tax plus proportion of the long term work in

progress recognised by it's 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

-

20% on reducing balance

Stocks

Work in progress is valued based on stage of completion, and proportion of contract costs incurred to date and

those estimated to completion.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

28,989

Additions

1,549

At 31 October 2015

30,538

DEPRECIATION

At 1 November 2014

7,972

Charge for year

4,513

At 31 October 2015

12,485

NET BOOK VALUE

At 31 October 2015

18,053

At 31 October 2014

21,017

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

3

Ordinary

£1

3

3