Abbreviated Company Accounts - 13/14 MARKWICK TERRACE LIMITED

Abbreviated Company Accounts - 13/14 MARKWICK TERRACE LIMITED

13/14 MARKWICK TERRACE LIMITED - Company Information

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Registered Number 05568413

13/14 MARKWICK TERRACE LIMITED

Abbreviated Accounts

31 December 2014

13/14 MARKWICK TERRACE LIMITED Registered Number 05568413

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Current assets
Debtors 12,337 11,757
Cash at bank and in hand 6,929 4,575
19,266 16,332
Creditors: amounts falling due within one year (19,256) (16,322)
Net current assets (liabilities) 10 10
Total assets less current liabilities 10 10
Total net assets (liabilities) 10 10
Capital and reserves
Called up share capital 10 10
Shareholders' funds 10 10
  • For the year ending 31 December 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 27 April 2015

And signed on their behalf by:
D Dean, Director

13/14 MARKWICK TERRACE LIMITED Registered Number 05568413

Notes to the Abbreviated Accounts for the period ended 31 December 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 comprises the invoiced value of goods and services supplied by the company, net of value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings 0% Straight line
Plant and Machinery 15% Reducing balance
Motor Vehicles 25% Reducing balance