Matthew Bacon Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05383188

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Matthew Bacon Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Bacon

SECRETARY:

S Bacon

REGISTERED OFFICE:

59 Victoria Road

Surbiton

Surrey

KT6 4NQ

REGISTERED NUMBER:

05383188

ACCOUNTANTS:

Richard Morgan and Company

Chartered Accountants

59 Victoria Road

Surbiton

Surrey

KT6 4NQ

FIXED ASSETS

Tangible assets

2

20,742

18,459

CURRENT ASSETS

Debtors

8,341

7,308

Cash at bank

6,522

26,691

14,863

33,999

CREDITORS

Amounts falling due within one year

22,274

50,743

NET CURRENT LIABILITIES

(7,411

)

(16,744

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,331

1,715

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

13,329

1,713

SHAREHOLDERS' FUNDS

13,331

1,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 19 December 2014 and were signed by:

M Bacon - 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 Equipment

-

25% on reducing balance

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

Plant and

Equipment

£

COST

At 1 April 2013

32,561

Additions

9,198

At 31 March 2014

41,759

DEPRECIATION

At 1 April 2013

14,102

Charge for year

6,915

At 31 March 2014

21,017

NET BOOK VALUE

At 31 March 2014

20,742

At 31 March 2013

18,459

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2