Maplewood (Salisbury) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07069975 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

MAPLEWOOD (SALISBURY) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Maple

Mrs J Maple

REGISTERED OFFICE:

Windover House

St Ann Street

Salisbury

SP1 2DR

REGISTERED NUMBER:

07069975 (England and Wales)

ACCOUNTANTS:

Fawcetts

Chartered Accountants

Windover House

St. Ann Street

Salisbury

SP1 2DR

FIXED ASSETS

Tangible assets

2

4,954

6,606

CURRENT ASSETS

Debtors

15,876

9,285

Cash at bank

10,744

10,675

26,620

19,960

CREDITORS

Amounts falling due within one year

30,106

26,425

NET CURRENT LIABILITIES

(3,486

)

(6,465

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,468

141

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,368

41

SHAREHOLDERS' FUNDS

1,468

141

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 by the Board of Directors on 1 December 2014 and were signed on its behalf by:

Mrs J Maple - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis which is thought to be appropriate

because the directors intend to provide additional funds to meet the company's liabilities as they fall due. The

financial statements do not contain any adjustments that might be necessary if the additional funds were not

available.

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 goods, 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Expenditure on fixed assets is capitalised except for expenditure incurred on the replacement of assets of low

value with a short life. Repair, renovation and replacement expenditure is written off as expenditure in the

profit and loss account. The cost of fixed assets is their purchase cost, together with any incidental costs of

acquisition.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

18,022

DEPRECIATION

At 1 April 2013

11,416

Charge for year

1,652

At 31 March 2014

13,068

NET BOOK VALUE

At 31 March 2014

4,954

At 31 March 2013

6,606

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100