Metal Tiles Limited - Abbreviated accounts

Registered number

03555177

Metal Tiles Limited

Abbreviated Accounts

31 March 2014

Metal Tiles Limited

Report to the director on the preparation of the unaudited abbreviated accounts of Metal Tiles Limited for the year ended 31 March 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Metal Tiles Limited for the year ended 31 March 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Godfrey Holland
Accountants
Venture House
341 Palatine Road
Northenden
Manchester
M22 4FY

29 December 2014

Metal Tiles Limited
Registered number:		03555177
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		1			1

Current assets
Stocks		1,500			1,500
Debtors		271			3,896
Cash at bank and in hand		15,026			9,276
		16,797			14,672

Creditors: amounts falling due within one year		(3,188)			(3,336)

Net current assets			13,609			11,336

Net assets			13,610			11,337

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			13,510			11,237

Shareholder's funds			13,610			11,337

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



D R Daniels
Director
Approved by the board on 29 December 2014

Metal Tiles Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2014

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line


	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2013					11,699
	At 31 March 2014					11,699

	Depreciation
	At 1 April 2013					11,698
	At 31 March 2014					11,698

	Net book value
	At 31 March 2014					1
	At 31 March 2013					1


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100