Abbreviated Company Accounts - MRJO LIMITED

Abbreviated Company Accounts - MRJO LIMITED

MRJO LIMITED - Company Information

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Registered Number NI006438

MRJO LIMITED

Abbreviated Accounts

30 September 2016

MRJO LIMITED Registered Number NI006438

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,169,992 1,058,225
Investments 3 10,100 10,100
1,180,092 1,068,325
Current assets
Stocks 189,750 205,250
Debtors 35,205 30,202
Cash at bank and in hand 62,229 155,850
287,184 391,302
Creditors: amounts falling due within one year (69,273) (67,420)
Net current assets (liabilities) 217,911 323,882
Total assets less current liabilities 1,398,003 1,392,207
Creditors: amounts falling due after more than one year (219,315) (176,351)
Provisions for liabilities (2,214) (3,097)
Total net assets (liabilities) 1,176,474 1,212,759
Capital and reserves
Called up share capital 15,000 15,000
Other reserves 30,000 30,000
Profit and loss account 1,131,474 1,167,759
Shareholders' funds 1,176,474 1,212,759
  • For the year ending 30 September 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 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 27 March 2017

And signed on their behalf by:
Mr Ryan Saunders, Director
Mr Richard Saunders, Director

MRJO LIMITED Registered Number NI006438

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class
Land and Buildings 2% Straight Line
Plant and machinery 25% Reducing balance
Fixtures and fittings 25% Reducing balance

2Tangible fixed assets
£
Cost
At 1 October 2015 1,510,565
Additions 136,874
Disposals (2,500)
Revaluations -
Transfers -
At 30 September 2016 1,644,939
Depreciation
At 1 October 2015 452,340
Charge for the year 23,257
On disposals (650)
At 30 September 2016 474,947
Net book values
At 30 September 2016 1,169,992
At 30 September 2015 1,058,225

3Fixed assets Investments
The company owns 100% of the share capital of Stoker Mills Limited and Belfast Theatrical Linens Limited.