Micro-entity Accounts - MIDLAND ABRASIVES LTD

MIDLAND ABRASIVES LTD - Company Information

05221635 MIDLAND ABRASIVES LTD 2016-03-31 false 2015-04-01 2016-03-31 true 05221635 2015-04-01 2016-03-31 05221635 2016-03-31 05221635 2015-03-31 05221635 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05221635 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 05221635 uk-gaap-cd-bus:AllEntityOfficers 2015-04-01 2016-03-31 iso4217:GBP shares

Registered Number 05221635

MIDLAND ABRASIVES LTD

Micro-entity Accounts

31 March 2016

MIDLAND ABRASIVES LTD Registered Number 05221635

Micro-entity Balance Sheet as at 31 March 2016

	2016	2015
	£	£
Fixed Assets	3,185	3,405
Current assets
Stocks	54,997	50,665
Debtors	107,735	112,785
Cash at bank and in hand	28,370	11,426
	191,102	174,876
Prepayments and accrued income	2,763	2,018
Creditors: amounts falling due within one year	(142,538)	(142,958)
Net current assets (liabilities)	51,327	33,936
Total assets less current liabilities	54,512	37,341
Provisions for liabilities	-	(652)
Accruals and deferred income	(3,033)	(2,245)
Total net assets (liabilities)	51,479	34,444
Capital and reserves	51,479	34,444

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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2016

And signed on their behalf by:
C Davis, Director