Company Registration No. 08129807 (England and Wales)
6 SIGMA AUTOMATION LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2016
6 SIGMA AUTOMATION LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
6 SIGMA AUTOMATION LTD
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2016
31 July 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
721
962
Current assets
Debtors
1,646
1
Cash at bank and in hand
4,468
13,449
6,114
13,450
Creditors: amounts falling due within one year
(5,955)
(7,560)
Net current assets
159
5,890
Total assets less current liabilities
880
6,852
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
879
6,851
Shareholders' funds
880
6,852
For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 13 April 2017
Mr Alan Sharp
Director
Company Registration No. 08129807
6 SIGMA AUTOMATION LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2015 & at 31 July 2016
1,407
Depreciation
At 1 August 2015
445
Charge for the year
241
At 31 July 2016
686
Net book value
At 31 July 2016
721
At 31 July 2015
962
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1