Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Sheffield Art Metal Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Sheffield Art Metal Limited
for the Year Ended 31 January 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sheffield Art Metal Limited for the year ended 31 January 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of Sheffield Art Metal Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Sheffield Art Metal Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sheffield Art Metal Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sheffield Art Metal Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sheffield Art Metal Limited. You consider that Sheffield Art Metal Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Sheffield Art Metal Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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R Rose & Co Limited
Chartered Certified Accountants
213 Derbyshire Lane
Norton Lees
Sheffield
South Yorkshire
S8 8SA
27 October 2016
Sheffield Art Metal Limited
(Registration number: 01643996)
Abbreviated Balance Sheet at 31 January 2016
Note |
2016
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2015
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Current assets |
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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 assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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Mr Michael Chappell
Director
2
Sheffield Art Metal Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued
Accounting policies |
Basis of preparation
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.
Asset class |
Depreciation method and rate |
Plant and machinery |
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Fixtures and fittings |
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Financial instruments
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 February 2015 |
10,184 |
10,184 |
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At 31 January 2016 |
10,184 |
10,184 |
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Depreciation |
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At 1 February 2015 |
10,184 |
10,184 |
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At 31 January 2016 |
10,184 |
10,184 |
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Net book value |
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At 31 January 2016 |
- |
- |
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At 31 January 2015 |
- |
- |
Sheffield Art Metal Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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