For the year ended 30 June 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08554253
Soma (Anglia) Limited
For the year ended 30 June 2016
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Soma (Anglia) Limited
Accountant's Report
For the year ended 30 June 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
|
ended
30
June
2016
and you consider that the company is exempt from an audit under the Companies Act
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Accounting Solutions
9 McKee Drive
Tacolneston
Norwich
Norfolk
NR16 1BW
1 of 4
Notes to the Abbreviated Financial Statements
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Soma (Anglia) Limited
For the year ended 30 June 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
|
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and Machinery
Computer Equipment
Motor Vehicles
Fixtures and Fittings
Assets on finance lease and hire purchase
|
Assets held under finance lease or hire purchase contracts i
.
e
.
those contracts where substantially all the risks and
|
rewards of ownership have passed to the company
,
are included in the appropriate category of tangible fixed assets
|
and depreciated over the shorter of the lease term and their estimated expected useful lives
.
|
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods
.
|
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Notes to the Abbreviated Financial Statements
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Soma (Anglia) Limited
For the year ended 30 June 2016
18,514
1,163
19,677
8,099
2,895
Charge for year
10,994
8,683
10,415
2015
2016
3
Creditors
:
amounts falling due after one year
|
5,152
8,855
100
Class A shares of £
1
.
00
each
|
Allotted called up and fully paid
|
2016
2015
100
Class A shares of £
1
.
00
each
|
100
100
100
100
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