Registered Number 03464946

M56 CHEMICALS AND LABORATORY SUPPLIES LTD.

Abbreviated Accounts

31 December 2012

M56 CHEMICALS AND LABORATORY SUPPLIES LTD. Registered Number 03464946

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 3,775 5,404
3,775 5,404
Current assets
Stocks 196,942 189,490
Debtors 235,597 188,932
Investments 105,277 112,741
537,816 491,163
Creditors: amounts falling due within one year (421,303) (495,441)
Net current assets (liabilities) 116,513 (4,278)
Total assets less current liabilities 120,288 1,126
Total net assets (liabilities) 120,288 1,126
Capital and reserves
Called up share capital 3 111 111
Profit and loss account 120,177 1,015
Shareholders' funds 120,288 1,126
  • For the year ending 31 December 2012 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 25 September 2013

And signed on their behalf by:
Dr M Eckersley, Director

M56 CHEMICALS AND LABORATORY SUPPLIES LTD. Registered Number 03464946

Notes to the Abbreviated Accounts for the period ended 31 December 2012

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.

Other accounting policies
Consolidation
In the opinion of the director, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

2Tangible fixed assets
£
Cost
At 1 January 2012 42,514
Additions 181
Disposals -
Revaluations -
Transfers -
At 31 December 2012 42,695
Depreciation
At 1 January 2012 37,110
Charge for the year 1,810
On disposals -
At 31 December 2012 38,920
Net book values
At 31 December 2012 3,775
At 31 December 2011 5,404
3Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
111 Ordinary shares of £1 each 111 111