Abbreviated Company Accounts - M56 CHEMICALS AND LABORATORY SUPPLIES LTD.

03464946 M56 CHEMICALS AND LABORATORY SUPPLIES LTD. 2013-12-31 false 2013-01-01 2013-12-31 true 03464946 2013-01-01 2013-12-31 03464946 2013-12-31 03464946 2012-12-31 03464946 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03464946 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03464946

M56 CHEMICALS AND LABORATORY SUPPLIES LTD.

Abbreviated Accounts

31 December 2013

M56 CHEMICALS AND LABORATORY SUPPLIES LTD. Registered Number 03464946

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	14,799	3,775
		14,799	3,775
Current assets
Stocks		181,138	196,942
Debtors		222,086	235,597
Cash at bank and in hand		128,063	105,277
		531,287	537,816
Creditors: amounts falling due within one year		(329,996)	(421,303)
Net current assets (liabilities)		201,291	116,513
Total assets less current liabilities		216,090	120,288
Provisions for liabilities		(1,980)	-
Total net assets (liabilities)		214,110	120,288
Capital and reserves
Called up share capital	3	111	111
Profit and loss account		213,999	120,177
Shareholders' funds		214,110	120,288

For the year ending 31 December 2013 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 9 July 2014

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 2013

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 as follows:

Equipment - 25% Reducing Balance
Motor Vehicles - 33% Reducing Balance
Office Equipment - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	42,695
Additions	13,935
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	56,630
Depreciation
At 1 January 2013	38,920
Charge for the year	2,911
On disposals	-
At 31 December 2013	41,831
Net book values
At 31 December 2013	14,799
At 31 December 2012	3,775

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

	2013 £	2012 £
111 Ordinary shares of £1 each	111	111