Company Registration No. 05976836 (England and Wales)
Steam Queens Limited
Unaudited accounts
for the year ended 31 October 2017
Steam Queens Limited
Unaudited accounts
Contents
Steam Queens Limited
Company Information
for the year ended 31 October 2017
Directors
Mrs L Davies
Mr M Davies
Company Number
05976836 (England and Wales)
Registered Office
68 QUEEN ELIZABETH DRIVE, TAW
HILL, SWINDON
WILTSHIRE
SN25 1UF
Accountants
Martin J. Kilford Limited
Office 3 , The Shaftesbury Centre
Percy Street , Rodbourne
Swindon
Wiltshire
SN2 2AZ
Steam Queens Limited
Statement of financial position
as at
31 October 2017
Tangible assets
3,212
4,282
Cash at bank and in hand
410
591
Creditors: amounts falling due within one year
(9,006)
(12,525)
Net current liabilities
(3,002)
(4,049)
Called up share capital
1
1
Profit and loss account
209
232
Shareholders' funds
210
233
For the year ending 31 October 2017 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 December 2017.
Mrs L Davies
Director
Company Registration No. 05976836
Steam Queens Limited
Notes to the Accounts
for the year ended 31 October 2017
Steam Queens Limited is a private company, limited by shares, registered in England and Wales, registration number 05976836. The registered office is 68 QUEEN ELIZABETH DRIVE, TAW, HILL, SWINDON, WILTSHIRE, SN25 1UF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight line Method
Computer equipment
25% Straight line Method
Steam Queens Limited
Notes to the Accounts
for the year ended 31 October 2017
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2016
8,154
1,257
9,411
At 31 October 2017
8,154
1,257
9,411
At 1 November 2016
4,045
1,084
5,129
Charge for the year
1,027
43
1,070
At 31 October 2017
5,072
1,127
6,199
At 31 October 2017
3,082
130
3,212
At 31 October 2016
4,109
173
4,282
Trade debtors
1,435
1,466
Other debtors
3,065
6,419
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
-
2,395
Obligations under finance leases and hire purchase contracts
1,466
3,339
Taxes and social security
4,691
3,934
Other creditors
2,045
2,857
8
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2016: 1).