Company Registration No. 00596318 (England and Wales)
OFFICE COPY
MARSHALL HOWARD LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2015
MARSHALL HOWARD LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
MARSHALL HOWARD LIMITED
ABBREVIATED BALANCE SHEET
AS AT
29 APRIL 2015
29 April 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
1
1
Tangible assets
2
1,702
1,863
1,703
1,864
Current assets
Debtors
4,301
1,844
Cash at bank and in hand
22,884
27,404
27,185
29,248
Creditors: amounts falling due within one year
(3,940)
(4,851)
Net current assets
23,245
24,397
Total assets less current liabilities
24,948
26,261
Capital and reserves
Called up share capital
3
1,000
1,000
Other reserves
-
4,403
Profit and loss account
23,948
20,858
Shareholders' funds
24,948
26,261
For the financial period ended 29 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 22 January 2016
M. H. Blaker
Director
Company Registration No. 00596318
MARSHALL HOWARD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 29 APRIL 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and United Kingdom Generally Accepted Accounting Practice for Smaller Entities.
1.2
Turnover
Turnover represents amounts receivable for metal fabrication services net of VAT and trade discounts.
1.3
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
10% per annum on a straight line basis
1.5
In certain cases, the directors have reclassified corresponding amounts in order to make their disclosure more meaningful.
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 May 2014
5,000
3,600
8,600
Additions
-
221
221
At 29 April 2015
5,000
3,821
8,821
Depreciation
At 1 May 2014
4,999
1,737
6,736
Charge for the period
-
382
382
At 29 April 2015
4,999
2,119
7,118
Net book value
At 29 April 2015
1
1,702
1,703
At 30 April 2014
1
1,863
1,864
MARSHALL HOWARD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 29 APRIL 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary shares of £1 each
1,000
1,000