Abbreviated Company Accounts - MARTIN INNS LIMITED

MARTIN INNS LIMITED - Company Information

05084314 MARTIN INNS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05084314 2015-04-01 2016-03-31 05084314 2016-03-31 05084314 2015-03-31 05084314 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05084314 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05084314

MARTIN INNS LIMITED

Abbreviated Accounts

31 March 2016

MARTIN INNS LIMITED Registered Number 05084314

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	14,188	12,869
		14,188	12,869
Current assets
Stocks		-	4,893
Cash at bank and in hand		38,477	27,538
		38,477	32,431
Prepayments and accrued income		733	897
Creditors: amounts falling due within one year		(12,314)	(10,919)
Net current assets (liabilities)		26,896	22,409
Total assets less current liabilities		41,084	35,278
Accruals and deferred income		(2,066)	(2,068)
Total net assets (liabilities)		39,018	33,210
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		39,017	33,209
Shareholders' funds		39,018	33,210

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 October 2016

And signed on their behalf by:
Mrs Tracy Martin, Director

MARTIN INNS LIMITED Registered Number 05084314

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the provisions applicable to companies subject to the small companies regime.

Turnover policy
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures and Fittings - 15% reducing balance.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	48,212
Additions	3,822
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	52,034
Depreciation
At 1 April 2015	35,343
Charge for the year	2,503
On disposals	-
At 31 March 2016	37,846
Net book values
At 31 March 2016	14,188
At 31 March 2015	12,869

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1