Feedback Market Research Limited - Limited company - abbreviated

REGISTERED NUMBER: 04076202 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

FEEDBACK MARKET RESEARCH LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs C J Copley

P A Copley

SECRETARY:

Mrs C J Copley

REGISTERED OFFICE:

Field House Farm

Main Street

Sigglesthorne

East Yorkshire

HU11 5QA

REGISTERED NUMBER:

04076202 (England and Wales)

ACCOUNTANTS:

Sowerby FRS LLP

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

2

112,120

113,054

CURRENT ASSETS

Stocks

12,471

23,267

Debtors

159,109

142,065

Cash at bank

134,953

87,041

306,533

252,373

CREDITORS

Amounts falling due within one year

202,469

184,277

NET CURRENT ASSETS

104,064

68,096

TOTAL ASSETS LESS CURRENT
LIABILITIES

216,184

181,150

PROVISIONS FOR LIABILITIES

229

-

NET ASSETS

215,955

181,150

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

215,953

181,148

SHAREHOLDERS' FUNDS

215,955

181,150

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 10 November 2014 and were signed on its behalf
by:

Mrs C J Copley - Director

P A Copley - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the

going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material

uncertainties related to events or conditions that may cast significant doubt about the ability of the company to

continue as a going concern.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost and 15% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

196,326

Additions

2,787

At 31 March 2014

199,113

DEPRECIATION

At 1 April 2013

83,272

Charge for year

3,721

At 31 March 2014

86,993

NET BOOK VALUE

At 31 March 2014

112,120

At 31 March 2013

113,054

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors have made loans to the company on an interest free repayable on demand basis.The amount

included in other creditors was £3,610 ( 2013 £7,940 ).

5.	RELATED PARTY DISCLOSURES

The company operates from premises owned by the directors. Included in administrative expenses is rent paid to

the directors amounting to £42,000 (2013 £42,000).

6.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, Mrs C J Copley and Mr P A Copley, by nature of them

holding 100% of the issued share capital of the company.

Feedback Market Research Limited - Limited company - abbreviated - 11.6

Feedback Market Research Limited - Limited company - abbreviated - 11.6