Samuel David Ltd
|
Registered number: |
06280801
|
Abbreviated Balance Sheet |
as at 30 June 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
24,567 |
|
|
26,767 |
Tangible assets |
3 |
|
|
14,299 |
|
|
24,500 |
|
|
|
|
38,866 |
|
|
51,267 |
|
Current assets |
Stocks |
|
|
18,000 |
|
|
18,000 |
|
Creditors: amounts falling due within one year |
|
|
(5,659) |
|
|
(5,659) |
|
Net current assets |
|
|
|
12,341 |
|
|
12,341 |
|
Total assets less current liabilities |
|
|
|
51,207 |
|
|
63,608 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(207,358) |
|
|
(207,358) |
|
|
|
Net liabilities |
|
|
|
(156,151) |
|
|
(143,750) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
(156,152) |
|
|
(143,751) |
|
Shareholders' funds |
|
|
|
(156,151) |
|
|
(143,750) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Samuel Hepworth |
Director |
Approved by the board on 31 March 2017
|
|
Samuel David Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 30 June 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
10% straight line
|
|
Fixtures and Fittings |
10% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2015 |
44,000 |
|
At 30 June 2016 |
44,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 July 2015 |
17,233 |
|
Provided during the year |
2,200 |
|
At 30 June 2016 |
19,433 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2016 |
24,567 |
|
At 30 June 2015 |
26,767 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2015 |
112,638 |
|
At 30 June 2016 |
112,638 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2015 |
88,138 |
|
Charge for the year |
10,201 |
|
At 30 June 2016 |
98,339 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2016 |
14,299 |
|
At 30 June 2015 |
24,500 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|