ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 APRIL 2012 |
FOR |
MARINE OPTIONS (POOLE) LTD |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 APRIL 2012 |
FOR |
MARINE OPTIONS (POOLE) LTD |
MARINE OPTIONS (POOLE) LTD (REGISTERED NUMBER: 04403000) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
For The Year Ended 30 April 2012 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
MARINE OPTIONS (POOLE) LTD |
COMPANY INFORMATION |
For The Year Ended 30 April 2012 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
MARINE OPTIONS (POOLE) LTD (REGISTERED NUMBER: 04403000) |
ABBREVIATED BALANCE SHEET |
30 April 2012 |
2012 | 2011 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT |
LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors on |
MARINE OPTIONS (POOLE) LTD (REGISTERED NUMBER: 04403000) |
NOTES TO THE ABBREVIATED ACCOUNTS |
For The Year Ended 30 April 2012 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
In accordance with the principles of revenue recognition as stated in UITF 40 and application note G, income is recognised |
as the right to consideration obtained through the performance of contractual obligations. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Stocks |
Stock and work in progress is valued at the lower of cost and net realisable value, after making due allowance for obsolete |
and slow moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire |
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over |
their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital |
element of the future payments is treated as a liability. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
charged to the profit and loss account in the period to which they relate. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2011 |
and 30 April 2012 |
AMORTISATION |
At 1 May 2011 |
Amortisation for year |
At 30 April 2012 |
NET BOOK VALUE |
At 30 April 2012 |
At 30 April 2011 |
MARINE OPTIONS (POOLE) LTD (REGISTERED NUMBER: 04403000) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
For The Year Ended 30 April 2012 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2011 |
Additions |
At 30 April 2012 |
DEPRECIATION |
At 1 May 2011 |
Charge for year |
At 30 April 2012 |
NET BOOK VALUE |
At 30 April 2012 |
At 30 April 2011 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2012 | 2011 |
value: | £ | £ |
Ordinary | £1 |