Abbreviated Company Accounts - MARWOOD FLOORING COMPANY LIMITED

MARWOOD FLOORING COMPANY LIMITED - Company Information

01291081 MARWOOD FLOORING COMPANY LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 01291081 2015-01-01 2015-12-31 01291081 2015-12-31 01291081 2014-12-31 01291081 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01291081 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 01291081

MARWOOD FLOORING COMPANY LIMITED

Abbreviated Accounts

31 December 2015

MARWOOD FLOORING COMPANY LIMITED Registered Number 01291081

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	110,000	110,000
		110,000	110,000
Current assets
Debtors		396	396
Cash at bank and in hand		4,132	2,854
		4,528	3,250
Creditors: amounts falling due within one year		(44,121)	(5,950)
Net current assets (liabilities)		(39,593)	(2,700)
Total assets less current liabilities		70,407	107,300
Total net assets (liabilities)		70,407	107,300
Capital and reserves
Called up share capital	3	999	999
Revaluation reserve		102,241	102,241
Profit and loss account		(32,833)	4,060
Shareholders' funds		70,407	107,300

For the year ending 31 December 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 19 July 2016

And signed on their behalf by:
F Margiotta, Director

MARWOOD FLOORING COMPANY LIMITED Registered Number 01291081

Notes to the Abbreviated Accounts for the period ended 31 December 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line
Motor vehicles 25% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 January 2015	110,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	110,000
Amortisation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	110,000
At 31 December 2014	110,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
999 Ordinary shares of £1 each	999	999