Abbreviated Company Accounts - MRB ROOFING LTD

Abbreviated Company Accounts - MRB ROOFING LTD


Registered Number 07554082

MRB ROOFING LTD

Abbreviated Accounts

31 March 2016

MRB ROOFING LTD Registered Number 07554082

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 2,500 3,000
Tangible assets 3 2,136 2,848
4,636 5,848
Current assets
Cash at bank and in hand 68 956
68 956
Creditors: amounts falling due within one year (16,697) (10,278)
Net current assets (liabilities) (16,629) (9,322)
Total assets less current liabilities (11,993) (3,474)
Total net assets (liabilities) (11,993) (3,474)
Capital and reserves
Called up share capital 1 1
Profit and loss account (11,994) (3,475)
Shareholders' funds (11,993) (3,474)
  • For the year ending 31 March 2016 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 16 December 2016

And signed on their behalf by:
M BORRILL, Director

MRB ROOFING LTD Registered Number 07554082

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

2Intangible fixed assets
£
Cost
At 1 April 2015 5,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 5,000
Amortisation
At 1 April 2015 2,000
Charge for the year 500
On disposals -
At 31 March 2016 2,500
Net book values
At 31 March 2016 2,500
At 31 March 2015 3,000
3Tangible fixed assets
£
Cost
At 1 April 2015 9,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 9,000
Depreciation
At 1 April 2015 6,152
Charge for the year 712
On disposals -
At 31 March 2016 6,864
Net book values
At 31 March 2016 2,136
At 31 March 2015 2,848