Micro-entity Accounts - MAR MOTORSPORT LTD

MAR MOTORSPORT LTD - Company Information

07502598 MAR MOTORSPORT LTD 2017-03-31 false 2016-04-01 2017-03-31 true 07502598 2016-04-01 2017-03-31 07502598 2017-03-31 07502598 2016-03-31 07502598 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 07502598 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 07502598 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 iso4217:GBP shares

Registered Number 07502598

MAR MOTORSPORT LTD

Micro-entity Accounts

31 March 2017

MAR MOTORSPORT LTD Registered Number 07502598

Micro-entity Balance Sheet as at 31 March 2017

	2017	2016
	£	£
Fixed assets
Tangible assets	14,887	13,601
	14,887	13,601
Current assets
Stocks	121,368	85,968
Debtors	72,519	77,479
Cash at bank and in hand	22,250	27,404
	216,137	190,851
Creditors: amounts falling due within one year	(200,803)	(175,184)
Net current assets (liabilities)	15,334	15,667
Total assets less current liabilities	30,221	29,268
Provisions for liabilities	(2,977)	(2,973)
Total net assets (liabilities)	27,244	26,295
Capital and reserves
Called up share capital	100	100
Profit and loss account	27,144	26,195
Shareholders' funds	27,244	26,295

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 December 2017

And signed on their behalf by:
A HARDY, Director

MAR MOTORSPORT LTD Registered Number 07502598

Notes to the Micro-entity Accounts for the period ended 31 March 2017

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.