Abbreviated Company Accounts - MANCHESTER PROVISION EXCHANGE LIMITED

Abbreviated Company Accounts - MANCHESTER PROVISION EXCHANGE LIMITED


Registered Number 00114653

MANCHESTER PROVISION EXCHANGE LIMITED

Abbreviated Accounts

31 March 2014

MANCHESTER PROVISION EXCHANGE LIMITED Registered Number 00114653

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Stocks 1,770 1,770
Debtors 18,147 10,118
Cash at bank and in hand 15,575 22,733
35,492 34,621
Creditors: amounts falling due within one year (2,281) (2,699)
Net current assets (liabilities) 33,211 31,922
Total assets less current liabilities 33,211 31,922
Total net assets (liabilities) 33,211 31,922
Capital and reserves
Called up share capital 2 467 467
Profit and loss account 32,744 31,455
Shareholders' funds 33,211 31,922
  • 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 20 December 2014

And signed on their behalf by:
S.JOHNSON, Director

MANCHESTER PROVISION EXCHANGE LIMITED Registered Number 00114653

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. The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to provide a cashflow statement on the grounds that it is a small company.

Other accounting policies
TAXATION:
Corporation tax payable is provided on taxable profits at the current rate.
STOCK:
Stock is the number of Past President medals retained by the company and are valued at cost less value added tax.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
467 Ordinary shares of £1 each 467 467