Abbreviated Company Accounts - MARCHANT ESTATES LIMITED

MARCHANT ESTATES LIMITED - Company Information

03924962 MARCHANT ESTATES LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 03924962 2014-04-01 2015-03-31 03924962 2015-03-31 03924962 2014-03-31 03924962 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03924962 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 iso4217:GBP shares

Registered Number 03924962

MARCHANT ESTATES LIMITED

Abbreviated Accounts

31 March 2015

MARCHANT ESTATES LIMITED Registered Number 03924962

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	243,575	308,575
		243,575	308,575
Current assets
Debtors		177,474	105,885
Cash at bank and in hand		38,906	344
		216,380	106,229
Creditors: amounts falling due within one year	3	(39,972)	(37,462)
Net current assets (liabilities)		176,408	68,767
Total assets less current liabilities		419,983	377,342
Total net assets (liabilities)		419,983	377,342
Capital and reserves
Called up share capital	4	1,002	1,002
Share premium account		472,448	472,448
Profit and loss account		(53,467)	(96,108)
Shareholders' funds		419,983	377,342

For the year ending 31 March 2015 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 20 January 2016

And signed on their behalf by:
JAMES SMITHIES, Director

MARCHANT ESTATES LIMITED Registered Number 03924962

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 represents amounts receivable for goods & services net of VAT.

Tangible assets depreciation policy
Fixed asset investments are stated at cost less provision for diminution in value.

2Tangible fixed assets

	£
Cost
At 1 April 2014	308,575
Additions	-
Disposals	(65,000)
Revaluations	-
Transfers	-
At 31 March 2015	243,575
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	243,575
At 31 March 2014	308,575

3Creditors

	2015 £	2014 £
Secured Debts	-	6,561

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

	2015 £	2014 £
100,000 Ordinary shares of £0.001 each	100	100
2 A Ordinary shares of £1 each	2	2