Registered Number 04017272
SURE TECHNOLOGY LIMITED
Abbreviated Accounts
30 June 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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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 | 4 |
( |
( |
Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
( |
( |
Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Land and buildings - 2% on cost
Fixtures, fittings and equipment - 25% on cost
Other accounting policies
Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same year unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditiure is deferred and amortised over the period from which the company is expected to benefit.
Stock
Stock is valued at the lower of cost and net realiseable value.
Going concern
The director considers that in preparing the financial statements he has taken into account all information that could reasonably be expected to be available. On this basis he considers that it is appropriate to preparethe financial statements on the going concern basis.
There was a net deficiency of assets at the balance sheet date, however, the director has confirmed his continued support and considers that the company retains sufficient working capital to continue trading for the foreseeable future.
£ | |
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Cost | |
At 1 July 2015 |
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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 June 2016 |
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Amortisation | |
At 1 July 2015 |
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Charge for the year |
|
On disposals |
|
At 30 June 2016 |
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Net book values | |
At 30 June 2016 | 4,000 |
At 30 June 2015 | 6,000 |
£ | |
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Cost | |
At 1 July 2015 |
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Additions |
|
Disposals |
|
Revaluations |
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Transfers |
|
At 30 June 2016 |
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Depreciation | |
At 1 July 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 June 2016 |
|
Net book values | |
At 30 June 2016 | 107,250 |
At 30 June 2015 | 111,150 |
2016
£ |
2015
£ |
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Secured Debts |
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Non-instalment debts due after 5 years |
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