Company Registration No. 04807114 (England and Wales)
MARBLEGROVE UK LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016
MARBLEGROVE UK LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
MARBLEGROVE UK LTD
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
121,678
119,485
Current assets
Debtors
139,218
125,546
Cash at bank and in hand
129,428
97,065
268,646
222,611
Creditors: amounts falling due within one year
(179,753)
(188,478)
Net current assets
88,893
34,133
Total assets less current liabilities
210,571
153,618
Provisions for liabilities
(11,279)
(5,477)
199,292
148,141
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
199,291
148,140
Shareholders' funds
199,292
148,141
For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 27 February 2017
Ms Rachael Chmielewski
Director
Company Registration No. 04807114
MARBLEGROVE UK LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
over the life of the lease
Plant and machinery
20% reducing balance
Fixtures, fittings & equipment
20% reducing balance
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2015
199,847
Additions
27,959
At 30 June 2016
227,806
Depreciation
At 1 July 2015
80,362
Charge for the year
25,766
At 30 June 2016
106,128
Net book value
At 30 June 2016
121,678
At 30 June 2015
119,485
MARBLEGROVE UK LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1