Abbreviated Company Accounts - MASTERCRATE LIMITED

Abbreviated Company Accounts - MASTERCRATE LIMITED

MASTERCRATE LIMITED - Company Information

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Registered Number 03173762

MASTERCRATE LIMITED

Abbreviated Accounts

31 March 2014

MASTERCRATE LIMITED Registered Number 03173762

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 3,657 4,877
3,657 4,877
Current assets
Stocks 61,495 73,190
Debtors 259,402 230,633
Cash at bank and in hand 15,727 1,640
336,624 305,463
Creditors: amounts falling due within one year (134,883) (88,525)
Net current assets (liabilities) 201,741 216,938
Total assets less current liabilities 205,398 221,815
Total net assets (liabilities) 205,398 221,815
Capital and reserves
Called up share capital 10,000 10,000
Share premium account 89,657 89,657
Profit and loss account 105,741 122,158
Shareholders' funds 205,398 221,815
  • 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 4 December 2014

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

MASTERCRATE LIMITED Registered Number 03173762

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
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

2Tangible fixed assets
£
Cost
At 1 April 2013 41,576
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 41,576
Depreciation
At 1 April 2013 36,699
Charge for the year 1,220
On disposals -
At 31 March 2014 37,919
Net book values
At 31 March 2014 3,657
At 31 March 2013 4,877