Marketing Standard Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05266892 (England and Wales)

Marketing Standard Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr T Kawai

Dr K Kawai

SECRETARY:

Mr T Kawai

REGISTERED OFFICE:

3 The Courtyard

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NP

REGISTERED NUMBER:

05266892 (England and Wales)

ACCOUNTANTS:

Grenfell James Associates Limited

3 The Courtyard

Timothys Bridge Road

Stratford Upon Avon

Warwickshire

CV37 9NP

CURRENT ASSETS

Stocks

7,444

10,535

Debtors

171

1,265

Prepayments and accrued income

450

375

Cash at bank and in hand

3,671

-

11,736

12,175

CREDITORS

Amounts falling due within one year

9,372

9,793

NET CURRENT ASSETS

2,364

2,382

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,364

2,382

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

1,364

1,382

SHAREHOLDERS' FUNDS

2,364

2,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 13 March 2017 and were signed on its
behalf by:

Dr K Kawai - 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 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.

Plant and machinery etc

-

50% on cost and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

4,375

DEPRECIATION

At 1 November 2015

and 31 October 2016

4,375

NET BOOK VALUE

At 31 October 2016

-

At 31 October 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

1

1,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the directors, Mr T Kawai and Dr K Kawai £3,527 (2015: £2,555).