Company Registration No. 05326855 (England and Wales)
MARTIN UK.D LIMITED
UNAUDITED ABBREVIATED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2016
MARTIN UK.D LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
MARTIN UK.D LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
214
29,830
Current assets
Debtors
522
580
Cash at bank and in hand
1,209
1,710
1,731
2,290
Creditors: amounts falling due within one year
(4,318)
(31,887)
Net current liabilities
(2,587)
(29,597)
Total assets less current liabilities
(2,373)
233
Provisions for liabilities
(43)
-
(2,416)
233
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
(2,417)
232
Shareholders' funds
(2,416)
233
For the financial year ended 31 January 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 member has 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 his 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 15 October 2016
Mr M Headland
Director
Company Registration No. 05326855
MARTIN UK.D LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 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). The financial statements have been prepared on the basis that the company is a going concern which assumes that support from the director continues.
The financial statements have been prepared on the basis that the company is a going concern which assumes that support from the director continues.
1.2
Turnover
Turnover represents amounts receivable for services provided.
1.3
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:
Computer equipment
33.3% on reducing balance
Motor vehicles
25% on reducing balance
1.4
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.
2
Fixed assets
Tangible assets
£
Cost
At 1 February 2015
33,264
Disposals
(31,478)
At 31 January 2016
1,786
Depreciation
At 1 February 2015
3,434
On disposals
(8,730)
Charge for the year
6,868
At 31 January 2016
1,572
Net book value
At 31 January 2016
214
At 31 January 2015
29,830
MARTIN UK.D LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1