Abbreviated Company Accounts - MICROFILE SYSTEMS (LONDON) LIMITED

MICROFILE SYSTEMS (LONDON) LIMITED - Company Information

02709374 MICROFILE SYSTEMS (LONDON) LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 02709374 2013-05-01 2014-04-30 02709374 2014-04-30 02709374 2013-04-30 02709374 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 02709374 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 02709374

MICROFILE SYSTEMS (LONDON) LIMITED

Abbreviated Accounts

30 April 2014

MICROFILE SYSTEMS (LONDON) LIMITED Registered Number 02709374

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	65,092	78,626
		65,092	78,626
Current assets
Stocks		31,745	37,153
Debtors		29,737	28,369
Cash at bank and in hand		5,157	9,211
		66,639	74,733
Creditors: amounts falling due within one year		(121,262)	(74,074)
Net current assets (liabilities)		(54,623)	659
Total assets less current liabilities		10,469	79,285
Creditors: amounts falling due after more than one year		0	(50,500)
Total net assets (liabilities)		10,469	28,785
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		10,369	28,685
Shareholders' funds		10,469	28,785

For the year ending 30 April 2014 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 30 April 2014

And signed on their behalf by:
Mrs A.N. Patel, Director

MICROFILE SYSTEMS (LONDON) LIMITED Registered Number 02709374

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset:

Improvements - 4% Straight Line
Motor Van - 25% Reducing Balance
Office Equipment - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 May 2013	186,625
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	186,625
Depreciation
At 1 May 2013	107,999
Charge for the year	13,534
On disposals	-
At 30 April 2014	121,533
Net book values
At 30 April 2014	65,092
At 30 April 2013	78,626

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100