J.H. Marshall (Pressings) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06449449 (England and Wales)

J.H. MARSHALL (PRESSINGS) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

R.J. Marshall

Mrs. C.M. Marshall

SECRETARY:

Mrs. C.M. Marshall

REGISTERED OFFICE:

Stadium Works

Sedgley Street

Wolverhampton

West Midlands

WV2 3AJ

REGISTERED NUMBER:

06449449 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins LLP

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

2

94,210

107,805

CURRENT ASSETS

Stocks

46,400

43,500

Debtors

146,762

110,148

Cash at bank and in hand

16,925

31,428

210,087

185,076

CREDITORS

Amounts falling due within one year

82,297

64,577

NET CURRENT ASSETS

127,790

120,499

TOTAL ASSETS LESS CURRENT LIABILITIES

222,000

228,304

CREDITORS

Amounts falling due after more than one year

(253,904

)

(252,955

)

PROVISIONS FOR LIABILITIES

(16,546

)

(17,913

)

NET LIABILITIES

(48,450

)

(42,564

)

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

(49,450

)

(43,564

)

SHAREHOLDERS' FUNDS

(48,450

)

(42,564

)

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 3 December 2014 and were signed on its behalf by:

R.J. Marshall - 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 is recognised in line with the work performed.

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

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Going concern

The accounts have been prepared on the going concern basis and this has placed reliance upon the continuing

support of the ultimate parent company.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

173,051

Disposals

(11,726

)

At 31 March 2014

161,325

DEPRECIATION

At 1 April 2013

65,246

Charge for year

10,813

Eliminated on disposal

(8,944

)

At 31 March 2014

67,115

NET BOOK VALUE

At 31 March 2014

94,210

At 31 March 2013

107,805

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	ULTIMATE PARENT COMPANY

The company is 100% owned by J H Marshall (Holdings) Limited.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the directors:

R J Marshall £nil (2013 £nil).

Mrs C M Marshall £nil (2013 £nil).

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of J.H. Marshall (Pressings) Limited for the year ended 31 March 2014 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of J.H. Marshall (Pressings) Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

J.H. Marshall (Pressings) Limited and state those matters that we have agreed to state to the Board of Directors of J.H.

Marshall (Pressings) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J.H. Marshall (Pressings) Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of J.H.

Marshall (Pressings) Limited. You consider that J.H. Marshall (Pressings) Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J.H. Marshall (Pressings)

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins LLP

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

Date: .............................................