Marpaul Limited - Limited company - abbreviated - 11.0.0
Marpaul Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| MARPAUL LIMITED |
| MARPAUL LIMITED (REGISTERED NUMBER: 01737699) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| MARPAUL LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 March 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| MARPAUL LIMITED (REGISTERED NUMBER: 01737699) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 3 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| MARPAUL LIMITED (REGISTERED NUMBER: 01737699) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 March 2014 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as |
| and when due. |
| 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 property. |
| Tangible fixed assets |
| Freehold property | - |
| 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. |
| Freehold investment properties |
| Freehold investment properties, which comprise properties held for rental, are revalued annually and the aggregate surplus or deficit |
| transferred to the revaluation reserve except where any deficit is deemed permanent when it is taken to the profit and loss account. No |
| provision is made for depreciation of freehold investment properties. This departure from the requirements of the Regulations, which |
| require all properties to be depreciated, is in the opinion of the Directors, necessary for the Financial Statements to show a true and fair |
| view in accordance with applicable accounting standards. If this departure had not been made, the profit for the financial year would have |
| been reduced by depreciation. However, the amount of depreciation cannot reasonably be quantified, because depreciation is only one of |
| many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or |
| quantified. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | RELATED PARTY DISCLOSURES |
| The company was controlled throughout the current and previous years by Mr R J Clark, a director, by virtue of his ownership of the entire |
| issued share capital of Marpaul Group Limited, a company that holds 50% of the issued share capital of this company, and Mr R S Clark, |
| also a director, who owns the remaining 50% of the issued share capital of this company. |