The Maritime Group (International) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06390851 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

THE MARITIME GROUP (INTERNATIONAL)

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Captain M W Parrott

Captain J M Cox

SECRETARY:

MFW Partnership Limited

REGISTERED OFFICE:

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

REGISTERED NUMBER:

06390851 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Tangible assets

2

135

2,381

CURRENT ASSETS

Debtors

11,472

744

Cash at bank

51,315

57,063

62,787

57,807

CREDITORS

Amounts falling due within one year

15,153

7,629

NET CURRENT ASSETS

47,634

50,178

TOTAL ASSETS LESS CURRENT LIABILITIES

47,769

52,559

PROVISIONS FOR LIABILITIES

27

476

NET ASSETS

47,742

52,083

CAPITAL AND RESERVES

Called up share capital

3

12

12

Profit and loss account

47,730

52,071

SHAREHOLDERS' FUNDS

47,742

52,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 17 October 2014 and were signed on its behalf by:

Captain M W Parrott - 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 April 2008).

Turnover

Turnover represents the net invoiced sales of services, 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

-

33% on cost

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

8,249

Additions

150

Disposals

(4,747

)

At 31 March 2014

3,652

DEPRECIATION

At 1 April 2013

5,868

Charge for year

1,205

Eliminated on disposal

(3,556

)

At 31 March 2014

3,517

NET BOOK VALUE

At 31 March 2014

135

At 31 March 2013

2,381

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

12

Ordinary

£1

12

12