Marine Court (Instow) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02795224 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

MARINE COURT (INSTOW) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P A Latham

D J Way

B H Cooke

Mrs J A Jackson

P J Oakes

SECRETARY:

B H Cooke

REGISTERED OFFICE:

The Custom House

The Strand

Barnstaple

Devon

EX31 1EU

REGISTERED NUMBER:

02795224 (England and Wales)

ACCOUNTANTS:

Perrins Limited

Chartered Accountants

The Custom House

The Strand

Barnstaple

Devon

EX31 1EU

FIXED ASSETS

Tangible assets

2

8,111

8,111

CURRENT ASSETS

Debtors

1,209

1,256

Cash at bank

17,225

19,734

18,434

20,990

CREDITORS

Amounts falling due within one year

24,662

18,892

NET CURRENT (LIABILITIES)/ASSETS

(6,228

)

2,098

TOTAL ASSETS LESS CURRENT LIABILITIES

1,883

10,209

CAPITAL AND RESERVES

Called up share capital

3

9,000

9,000

Profit and loss account

(7,117

)

1,209

SHAREHOLDERS' FUNDS

1,883

10,209

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 and authorised for issue by the Board of Directors on 3 November 2014 and were signed on its behalf by:

B H Cooke - Director

D J Way - 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 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.

Freehold property

-

not provided

From 1 April 1998 the directors reviewed the position regarding the provision of depreciation on freehold

property. Following that review, the board consider that the potential annual depreciation charge, after taking

into account the estimated remaining useful life and the residual value of the freehold property, is not material,

and accordingly no depreciation charge has been made in the financial statements. The board have reviewed this

position at the year end for any impairment of value to ensure the company's assets are fairly stated at all times,

in accordance with the provisions of Financial Reporting Standard 15.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

8,111

NET BOOK VALUE

At 31 March 2014

8,111

At 31 March 2013

8,111

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

15

Ordinary

£600

9,000

9,000