Martex Services Limited - Period Ending 2016-10-31

Martex Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2016
 

Martex Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Martex Services Limited
(Registration number: 07833108)
Abbreviated Balance Sheet at 31 October 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					156			183
Current assets
Debtors					1,350			540
Cash at bank and in hand					4,182			3,202
					5,532			3,742
Creditors: Amounts falling due within one year					(9,319)			(6,532)
Net current liabilities					(3,787)			(2,790)
Net liabilities					(3,631)			(2,607)
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					(3,633)			(2,609)
Shareholders' deficit					(3,631)			(2,607)

For the year ending 31 October 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 director acknowledges his 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 director on 16 November 2016

.........................................
Mr. Martin Jenkins
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Martex Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2015		449			449
At 31 October 2016		449			449
Depreciation
At 1 November 2015		266			266
Charge for the year		27			27
At 31 October 2016		293			293
Net book value
At 31 October 2016		156			156
At 31 October 2015		183			183

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 2