Andrew Martin Limited,Ltd - Accounts

Andrew Martin Limited,Ltd - Accounts

ANDREW MARTIN LIMITED - Company Information

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2015-03-01 true false Private Limited Company 05372165 2016-02-29 05372165 2015-03-01 2016-02-29 05372165 2015-02-28 05372165 2014-03-01 2015-02-28 05372165 uk-bus:Director1 2015-03-01 2016-02-29 05372165 uk-gaap:PlantMachinery 2015-03-01 2016-02-29 iso4217:GBP
Andrew Martin Limited
For the period ended 29 February 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05372165
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Abbreviated Balance Sheet
Andrew Martin Limited
As at 29 February 2016
05372165
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Tangible assets
2
420
535
420
535
Current assets
Debtors
5,284
-
Cash at bank and in hand
1,654
452
1,654
5,736
Creditors: amounts falling due within one year
(9,409)
(5,763)
(3,673)
(4,109)
Net current liabilities
Total assets less current liabilities
(3,689)
(3,138)
(3,689)
Net liabilities
(3,138)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(3,789)
(3,238)
(3,689)
(3,138)
Shareholders funds
For the period ended 29 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 10 October 2016
Mr Andrew Martin Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Andrew Martin Limited
For the period ended 29 February 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
5,165
At 01 March 2015
25
Additions
At 29 February 2016
5,190
Depreciation
4,630
At 01 March 2015
140
Charge for period
4,770
At 29 February 2016
Net book values
At 29 February 2016
420
535
At 28 February 2015
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