The Maltby Partnership Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08023454 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

THE MALTBY PARTNERSHIP LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr G Avery

Dr J P Cronly

Mr W Malik

Mr T R Nawaz

REGISTERED OFFICE:

6 Knowle Green

Dore

South Yourkshire

S17 3AP

REGISTERED NUMBER:

08023454 (England and Wales)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

51 Clarkegrove Road

Sheffield

South Yorkshire

S10 2NH

FIXED ASSETS

Tangible assets

2

12,600

16,571

CURRENT ASSETS

Stocks

44,671

35,490

Debtors

189,027

171,474

Cash at bank and in hand

24,533

3,819

258,231

210,783

CREDITORS

Amounts falling due within one year

197,141

185,570

NET CURRENT ASSETS

61,090

25,213

TOTAL ASSETS LESS CURRENT
LIABILITIES

73,690

41,784

CAPITAL AND RESERVES

Called up share capital

3

120

Profit and loss account

73,570

41,664

SHAREHOLDERS' FUNDS

73,690

41,784

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 directors acknowledge their 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 Board of Directors on 5 November 2016 and were signed on its behalf
by:

Mr T R Nawaz - 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

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

moving items.

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

29,159

Additions

229

At 31 March 2016

29,388

DEPRECIATION

At 1 April 2015

12,588

Charge for year

4,200

At 31 March 2016

16,788

NET BOOK VALUE

At 31 March 2016

12,600

At 31 March 2015

16,571

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

120

Ordinary

£1

120