Mowren Designs Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC320570 (Scotland)

Abbreviated Accounts for the Year Ended 30 April 2015

for

Mowren Designs Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Mowatt

SECRETARY:

Mrs G Renwick

REGISTERED OFFICE:

Rose Cottage

21 South Esk Road

Tannadice, Forfar

Angus

DD8 3SH

REGISTERED NUMBER:

SC320570 (Scotland)

ACCOUNTANTS:

J M Taylor

5 Rubislaw Terrace

ABERDEEN

AB10 1XE

FIXED ASSETS

Tangible assets

2

1,640

1,266

CURRENT ASSETS

Debtors

10,788

9,626

Cash at bank

15,462

22,293

26,250

31,919

CREDITORS

Amounts falling due within one year

21,554

26,762

NET CURRENT ASSETS

4,696

5,157

TOTAL ASSETS LESS CURRENT LIABILITIES

6,336

6,423

PROVISIONS FOR LIABILITIES

312

233

NET ASSETS

6,024

6,190

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

6,022

6,188

SHAREHOLDERS' FUNDS

6,024

6,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 November 2015 and were signed by:

J Mowatt - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

2,971

Additions

1,183

Disposals

(1,585

)

At 30 April 2015

2,569

DEPRECIATION

At 1 May 2014

1,705

Charge for year

697

Eliminated on disposal

(1,473

)

At 30 April 2015

929

NET BOOK VALUE

At 30 April 2015

1,640

At 30 April 2014

1,266

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

2

Ordinary

£1

2

2