Accounts
M A VERNON LIMITED | ||||
ABBREVIATED UNAUDITED ACCOUNTS | ||||
FOR THE YEAR ENDED 31 MARCH 2016 | ||||
INDEX TO THE ACCOUNTS | ||||
Pages | ||||
1 | Abbreviated Balance Sheet | |||
2-3 | Notes to the Abbreviated Accounts | |||
Company registered number: |
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ABBREVIATED BALANCE SHEET | |||||
AT |
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Note | 2016 | 2015 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Tangible Assets | 2 | ||||
CURRENT ASSETS | |||||
Debtors falling due within one year | |||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | |||||
NET CURRENT LIABILITIES | ( |
( |
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NET LIABILITIES | (£ |
(£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | 4 | ||||
Profit and loss account | ( |
( |
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SHAREHOLDERS' FUNDS | (£ |
(£ |
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In approving these financial statements as director of the company I hereby confirm the following: | ||||
Directors' responsibilities: | ||||
These abbreviated accounts were approved by the board of directors on |
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The notes on pages 2 to 3 form part of these accounts | |
page 1 | |
NOTES TO THE ABBREVIATED ACCOUNTS | |||
FOR THE YEAR ENDED 31 MARCH 2016 |
1. | ACCOUNTING POLICIES |
1a. | Basis of accounting | |
1b. | Tangible fixed assets | |||
Fixed assets are shown at historical cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. | ||||
1c. | Taxation | ||
1d. | Leasing and hire purchase contracts | |
page 2 | |
M A VERNON LIMITED | |||
NOTES TO THE ABBREVIATED ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MARCH 2016 |
2. | TANGIBLE FIXED ASSETS | 2016 | 2015 |
£ | £ | ||
Cost | |||
At 1 April 2015 | 17,712 | ||
Additions | |||
At 31 March 2016 | |||
Depreciation | |||
At 1 April 2015 | 11,602 | ||
For the year | |||
At 31 March 2016 | |||
Net Book Amounts | |||
At 31 March 2016 | £ |
£ |
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3. | CREDITORS | ||
2016 | 2015 | ||
£ | £ | ||
Creditors include the following amounts of secured liabilities: | |||
Due within one year | 16,656 | - | |
4. | SHARE CAPITAL | 2016 | 2015 |
£ | £ | ||
Allotted, issued & fully paid: | |||
£ |
£ |
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page 3 |