Mannley Cylinders Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06269728 (England and Wales)

Mannley Cylinders Limited

Abbreviated Accounts

for the Year Ended 29 February 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms C Forey

REGISTERED OFFICE:

Sandbeds Trading Estate

Dewsbury Road

Ossett

Wakefield

West Yorkshire

WF5 9ND

REGISTERED NUMBER:

06269728 (England and Wales)

ACCOUNTANTS:

Jolliffe Cork LLP

Chartered Accountants

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Tangible assets

2

261

551

CURRENT ASSETS

Debtors

104,503

116,887

Cash at bank

15,130

18,521

119,633

135,408

CREDITORS

Amounts falling due within one year

83,299

113,921

NET CURRENT ASSETS

36,334

21,487

TOTAL ASSETS LESS CURRENT LIABILITIES

36,595

22,038

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

36,594

22,037

SHAREHOLDERS' FUNDS

36,595

22,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 29 November 2016 and were signed by:

Ms C Forey - 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.

Computer equipment

-

25% on cost

Tangible fixed assets are initially recorded at cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

and 29 February 2016

1,676

DEPRECIATION

At 1 March 2015

1,125

Charge for year

290

At 29 February 2016

1,415

NET BOOK VALUE

At 29 February 2016

261

At 28 February 2015

551

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1