MARKS ASSOCIATES LIMITED - Limited company - abbreviated - 11.6
MARKS ASSOCIATES LIMITED - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015 |
| FOR |
| MARKS ASSOCIATES LIMITED |
| MARKS ASSOCIATES LIMITED (REGISTERED NUMBER: 00642640) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| MARKS ASSOCIATES LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31st March 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| MARKS ASSOCIATES LIMITED (REGISTERED NUMBER: 00642640) |
| ABBREVIATED BALANCE SHEET |
| 31st March 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Investments |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on |
| MARKS ASSOCIATES LIMITED (REGISTERED NUMBER: 00642640) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st March 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Current assets investments |
| Current assets investments are stated at cost less provision for any permanent diminution in value. |
| For listed investments, market value is based on the closing middle market price. |
| Investment properties |
| Investment Properties in land and buildings comprising of freehold properties are held for their investment |
| potential, rentals being negotiated at arm's length, are included in the accounts at directors' valuation (being an |
| approximation of the open market value) and are not subject to depreciation charges. |
| Changes in the market value of investment properties are taken to the revaluation reserve unless there is a |
| permanent diminution in value in which case the deficit is charged to the profit and loss account. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1st April 2014 |
| Disposals | ( |
) |
| Revaluations |
| At 31st March 2015 |
| DEPRECIATION |
| At 1st April 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st March 2015 |
| NET BOOK VALUE |
| At 31st March 2015 |
| At 31st March 2014 |
| MARKS ASSOCIATES LIMITED (REGISTERED NUMBER: 00642640) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31st March 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary Shares | £1.00 |
| Ordinary Shares | £0.05 |
| 3,000 | 3,000 |