Martin James (London) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04635774

Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

Martin James (London) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M J Stephenson

REGISTERED OFFICE:

Pilgrim House

Packhorse Road

Gerrards Cross

Buckinghamshire

SL9 7QE

REGISTERED NUMBER:

04635774

ACCOUNTANTS:

Hemsley Miller Limited

Pilgrim House

Packhorse Road

Gerrards Cross

Buckinghamshire

SL9 7QE

FIXED ASSETS

Tangible assets

2

5

360

CURRENT ASSETS

Stocks

15,000

23,000

Debtors

295,326

307,340

Cash at bank and in hand

367,478

395,231

677,804

725,571

CREDITORS

Amounts falling due within one year

147,983

232,444

NET CURRENT ASSETS

529,821

493,127

TOTAL ASSETS LESS CURRENT
LIABILITIES

529,826

493,487

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

529,825

493,486

SHAREHOLDERS' FUNDS

529,826

493,487

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 18 October 2016 and were signed by:

M J Stephenson - 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 goods, 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.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

6,110

DEPRECIATION

At 1 February 2015

5,750

Charge for year

355

At 31 January 2016

6,105

NET BOOK VALUE

At 31 January 2016

5

At 31 January 2015

360

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

1

Ordinary

£1

1