Maroo Homes Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04885654

Abbreviated Accounts for the Year Ended 31 March 2016

for

Maroo Homes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr Madhukant Ramji Shah FCCA

SECRETARY:

Mrs Ranjan Shah

REGISTERED OFFICE:

58 Kingshill Drive

Kenton

Harrow

Middlesex

HA3 8QB

REGISTERED NUMBER:

04885654

ACCOUNTANTS:

Capitax Financial Limited

Devonshire House

582 Honeypot Lane

Stanmore

Middlesex

HA7 1JS

FIXED ASSETS

Tangible assets

2

559,482

CURRENT ASSETS

Debtors

3

60

49,860

Cash at bank and in hand

69,060

19,502

69,120

69,362

CREDITORS

Amounts falling due within one year

1,605

3,477

NET CURRENT ASSETS

67,515

65,885

TOTAL ASSETS LESS CURRENT
LIABILITIES

626,997

625,367

CREDITORS

Amounts falling due after more than one
year

4

458,561

445,411

NET ASSETS

168,436

179,956

CAPITAL AND RESERVES

Called up share capital

5

1,000

Revaluation reserve

138,732

Profit and loss account

28,704

40,224

SHAREHOLDERS' FUNDS

168,436

179,956

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 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 15 August 2016 and were signed by:

Mr Madhukant Ramji Shah FCCA - 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).

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

20% on reducing balance

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 April 2015

and 31 March 2016

561,995

DEPRECIATION

At 1 April 2015

and 31 March 2016

2,513

NET BOOK VALUE

At 31 March 2016

559,482

At 31 March 2015

559,482

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 60 (31.3.15 - £ 49,860 )

4.

CREDITORS

Creditors include an amount of £ 294,441 (31.3.15 - £ 294,441 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1,000

Ordinary

£1

1,000