Company Registration No. 03693794 (England and Wales)
STEPHEN G ANDERSON LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
STEPHEN G ANDERSON LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
STEPHEN G ANDERSON LTD
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
4,618
5,242
Current assets
Stocks
-
1,625
Debtors
9,496
3,856
Cash at bank and in hand
5,942
9,125
15,438
14,606
Creditors: amounts falling due within one year
(6,277)
(6,027)
Net current assets
9,161
8,579
Total assets less current liabilities
13,779
13,821
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
13,777
13,819
Shareholders' funds
13,779
13,821
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 January 2017
Mr S G Anderson
Director
Company Registration No. 03693794
STEPHEN G ANDERSON LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Property improvements
2% on reducing balance
Computer equipment
33% on reducing balance
Fixtures, fittings & equipment
25% on reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2015 & at 30 April 2016
21,820
Depreciation
At 1 May 2015
16,578
Charge for the year
624
At 30 April 2016
17,202
Net book value
At 30 April 2016
4,618
At 30 April 2015
5,242
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary of £1 each
2
2