Company Registration No. 07636385 (England and Wales)
STATECH SOLUTIONS LIMITED
Abbreviated unaudited accounts
for the year ended 31 August 2016
STATECH SOLUTIONS LIMITED
Abbreviated Balance Sheet
as at
31 August 2016
Tangible assets
54,601
53,336
Cash at bank and in hand
24,425
47,751
Creditors: amounts falling due within one year
(80,773)
(99,267)
Net current assets
98,545
64,715
Net assets
153,146
118,051
Called up share capital
100
100
Profit and loss account
153,046
117,951
Total shareholders' funds
153,146
118,051
For the year ending 31 August 2016 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 1 November 2016
Andrew Lomas
Director
Company Registration No. 07636385
STATECH SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 August 2016
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 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
2
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
At 1 September 2015
44,847
58,485
103,332
Additions
1,140
25,214
26,354
Revaluations
-
(10,331)
(10,331)
At 31 August 2016
45,987
73,368
119,355
At 1 September 2015
28,438
21,558
49,996
Charge for the year
4,388
12,953
17,341
On disposals
-
(2,583)
(2,583)
At 31 August 2016
32,826
31,928
64,754
At 31 August 2016
13,161
41,440
54,601
At 31 August 2015
16,409
36,927
53,336
3
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100