Abbreviated Company Accounts - MRY CARDIAC SUPPLIES LIMITED

MRY CARDIAC SUPPLIES LIMITED - Company Information

06633331 MRY CARDIAC SUPPLIES LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 06633331 2013-05-01 2014-04-30 06633331 2014-04-30 06633331 2013-04-30 06633331 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 06633331 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 06633331

MRY CARDIAC SUPPLIES LIMITED

Abbreviated Accounts

30 April 2014

MRY CARDIAC SUPPLIES LIMITED Registered Number 06633331

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	481,200	541,350
Tangible assets	3	3,590	329
		484,790	541,679
Current assets
Debtors		125,683	180,910
Cash at bank and in hand		120,934	556,489
		246,617	737,399
Creditors: amounts falling due within one year		(231,462)	(878,632)
Net current assets (liabilities)		15,155	(141,233)
Total assets less current liabilities		499,945	400,446
Total net assets (liabilities)		499,945	400,446
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		499,845	400,346
Shareholders' funds		499,945	400,446

For the year ending 30 April 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 29 January 2015

And signed on their behalf by:
Dr P R Roberts, Director

MRY CARDIAC SUPPLIES LIMITED Registered Number 06633331

Notes to the Abbreviated Accounts for the period ended 30 April 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 is the amount derived from ordinary activities during the year. It is stated after trade discounts, other sales taxes and net of VAT.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% written down value
Equipment - 25% written down value

Other accounting policies
Going concern
The financial statements have been prepared on the going concern basis notwithstanding the fact that the company has net current liabilities. The company is trading with the financial support of the directors and suppliers, which is expected to continue.

2Intangible fixed assets

	£
Cost
At 1 May 2013	601,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	601,500
Amortisation
At 1 May 2013	60,150
Charge for the year	60,150
On disposals	-
At 30 April 2014	120,300
Net book values
At 30 April 2014	481,200
At 30 April 2013	541,350

3Tangible fixed assets

	£
Cost
At 1 May 2013	1,386
Additions	4,552
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	5,938
Depreciation
At 1 May 2013	1,057
Charge for the year	1,291
On disposals	-
At 30 April 2014	2,348
Net book values
At 30 April 2014	3,590
At 30 April 2013	329

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100