Abbreviated Company Accounts - M A PARSONS LTD

Registered Number 06762076

M A PARSONS LTD

Abbreviated Accounts

31 March 2014

M A PARSONS LTD Registered Number 06762076

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,048	2,621
		2,048	2,621
Current assets
Stocks		3,752	2,492
Debtors		8,018	11,332
Cash at bank and in hand		2,587	4,752
		14,357	18,576
Creditors: amounts falling due within one year		(16,200)	(20,142)
Net current assets (liabilities)		(1,843)	(1,566)
Total assets less current liabilities		205	1,055
Total net assets (liabilities)		205	1,055
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		(795)	55
Shareholders' funds		205	1,055

For the year ending 31 March 2014 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 17 December 2014

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

M A PARSONS LTD Registered Number 06762076

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset over its useful economic life.

2Tangible fixed assets

	£
Cost
At 1 April 2013	7,096
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	7,096
Depreciation
At 1 April 2013	4,475
Charge for the year	573
On disposals	-
At 31 March 2014	5,048
Net book values
At 31 March 2014	2,048
At 31 March 2013	2,621