Manorglobe Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04436188 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

MANORGLOBE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J R Moodie

Mrs C Moodie

SECRETARY:

Mr J R Moodie

REGISTERED OFFICE:

14 London Street

Andover

Hampshire

SP10 2PA

REGISTERED NUMBER:

04436188 (England and Wales)

ACCOUNTANTS:

Hysons

Chartered Accountants

14 London Street

Andover

Hampshire

SP10 2PA

BANKERS:

NatWest Bank plc

22 Chantry Way

Andover

Hampshire

SP10 1LL

FIXED ASSETS

Tangible assets

2

2

191

CURRENT ASSETS

Stocks

17,142

2,019

Debtors

76

85

Cash at bank and in hand

2,905

8,727

20,123

10,831

CREDITORS

Amounts falling due within one year

19,395

9,800

NET CURRENT ASSETS

728

1,031

TOTAL ASSETS LESS CURRENT LIABILITIES

730

1,222

PROVISIONS FOR LIABILITIES

-

38

NET ASSETS

730

1,184

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

729

1,183

SHAREHOLDERS' FUNDS

730

1,184

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 22 December 2016 and were signed on its behalf by:

Mr J R Moodie - Director

Mrs C Moodie - 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 cost

Office and computer equipment

-

33% on cost

Stocks

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

obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,718

DEPRECIATION

At 1 April 2015

1,527

Charge for year

189

At 31 March 2016

1,716

NET BOOK VALUE

At 31 March 2016

2

At 31 March 2015

191

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

5.	ULTIMATE CONTROLLING PARTY