Registered Number 02558185
MERLIN INTERIORS LIMITED
Abbreviated Accounts
30 April 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Computer equipment 25% straight line
Furniture, fixtures and equipment 15% reducing balance
Motor vehicles 33% reducing balance
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
£ | |
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Cost | |
At 1 May 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 April 2013 |
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Depreciation | |
At 1 May 2012 |
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Charge for the year |
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On disposals |
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At 30 April 2013 |
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Net book values | |
At 30 April 2013 | 438 |
At 30 April 2012 | 584 |