Registration number:
for the Year Ended
Sure Resources Ltd
Contents
Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
Sure Resources Ltd
(Registration number: 04578118)
Abbreviated Balance Sheet as at 31 October 2016
Note |
2016 |
2015 |
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Fixed assets |
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Tangible assets |
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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 current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
- |
( |
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Accruals and deferred income |
( |
( |
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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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For the year ending 31 October 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the director on
Sure Resources Ltd
(Registration number: 04578118)
Abbreviated Balance Sheet as at 31 October 2016
.........................................
J D Shaw
Director
Sure Resources Ltd
Notes to the Abbreviated Accounts
Accounting policies |
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 & machinery |
25% on reducing balance |
Provisions
A provision is recognised when there is a legal or constructive obligation as a result of a past event and it is probable that an outflow of economic benefits will be required to settle the obligation.
Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.
Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.
Fixed assets |
Tangible assets |
Total |
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Cost |
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At 1 November 2015 |
6,981 |
6,981 |
At 31 October 2016 |
6,981 |
6,981 |
Depreciation |
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At 1 November 2015 |
5,576 |
5,576 |
Charge for the year |
351 |
351 |
At 31 October 2016 |
5,927 |
5,927 |
Net book value |
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At 31 October 2016 |
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Sure Resources Ltd
Notes to the Abbreviated Accounts
Tangible assets |
Total |
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At 31 October 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Ordinary of £1 each |
1 |
1 |
1 |
1 |