MACPA_LIMITED - Accounts
MACPA_LIMITED - Accounts
Company Registration No. 03415757 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(811,245 )
(635,571 )
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
4
(404,238 )
(430,013 )
Provisions for liabilities
(12,814 )
(14,446 )
160,705
202,561
Capital and reserves
Called up share capital
5
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 23 December 2014
Director
Company Registration No. 03415757
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Land and buildings freehold
Fixtures, fittings & equipment
1.5
Stock
Stock is valued at the lower of cost and net realisable value.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2013
414,005
Additions
3,825
At 31 March 2014
417,830
Depreciation
At 1 April 2013
252,611
Charge for the year
22,436
At 31 March 2014
275,047
Net book value
At 31 March 2014
142,783
At 31 March 2013
161,394
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £160,214 (2013 - £62,808).
4
Creditors: amounts falling due after more than one year
2014
2013
£
£
Analysis of loans repayable in more than five years
Total amounts repayable by instalments which are due in more than five years
195,032
240,339
The aggregate amount of creditors for which security has been given amounted to £106,121 (2013 - £125,016).
5
Share capital
2014
2013
£
£
Allotted, called up and fully paid