Abbreviated Company Accounts - MAUDE & FOX LTD

Registered Number 07797082

MAUDE & FOX LTD

Abbreviated Accounts

31 October 2016

MAUDE & FOX LTD Registered Number 07797082

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	2,621	4,691
		2,621	4,691
Current assets
Stocks		42,500	40,536
Debtors		3,701	1,393
Cash at bank and in hand		3,528	2,461
		49,729	44,390
Creditors: amounts falling due within one year		(48,642)	(40,349)
Net current assets (liabilities)		1,087	4,041
Total assets less current liabilities		3,708	8,732
Creditors: amounts falling due after more than one year		(80,517)	(81,253)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(76,809)	(72,521)
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		(77,809)	(73,521)
Shareholders' funds		(76,809)	(72,521)

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 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 31 July 2017

And signed on their behalf by:
Mr M Longmore, Director

MAUDE & FOX LTD Registered Number 07797082

Notes to the Abbreviated Accounts for the period ended 31 October 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 net invoiced sales of goods

Tangible assets depreciation policy
Plant and Machinery is allowed for at the following rates:

25% reducing balance and 5 year straight line

2Tangible fixed assets

	£
Cost
At 1 November 2015	12,459
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	12,459
Depreciation
At 1 November 2015	7,768
Charge for the year	2,070
On disposals	-
At 31 October 2016	9,838
Net book values
At 31 October 2016	2,621
At 31 October 2015	4,691