Abbreviated Company Accounts - MERLIN ESTATES (EAST) LIMITED
Abbreviated Company Accounts - MERLIN ESTATES (EAST) LIMITED
Registered Number 07057498
MERLIN ESTATES (EAST) LIMITED
Abbreviated Accounts
31 October 2013
MERLIN ESTATES (EAST) LIMITED Registered Number 07057498
Abbreviated Balance Sheet as at 31 October 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets |
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Tangible assets | 2 |
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Investments |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
( |
( |
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Accruals and deferred income |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 31 October 2013 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 Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
MERLIN ESTATES (EAST) LIMITED Registered Number 07057498
Notes to the Abbreviated Accounts for the period ended 31 October 2013
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Computer equipment 33.3% straight line
Motor vehicles 25% reducing balance
Fixtures and fittings 25% reducing balance
Other accounting policies
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Going concern basis of accounting
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate due to the fact that they will continue to support the company.
£ | |
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Cost | |
At 1 November 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2013 |
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Depreciation | |
At 1 November 2012 |
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Charge for the year |
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On disposals |
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At 31 October 2013 |
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Net book values | |
At 31 October 2013 | 4,284 |
At 31 October 2012 | 7,536 |