Silvawood Ltd
|
Registered number: |
09176046
|
Abbreviated Balance Sheet |
as at 31 August 2015
|
|
Notes |
|
|
2015 |
|
£ |
|
Fixed assets |
Tangible assets |
2 |
|
|
23,407 |
|
Current assets |
Stocks |
|
|
1,148 |
Debtors |
|
|
13,659 |
Cash at bank and in hand |
|
|
20,283 |
|
|
|
35,090 |
|
|
|
Creditors: amounts falling due within one year |
|
|
(35,678) |
|
Net current liabilities |
|
|
|
(588) |
|
|
Total assets less current liabilities |
|
|
|
22,819 |
|
|
Creditors: amounts falling due after more than one year |
|
|
|
(19,565) |
|
|
|
Net assets |
|
|
|
3,254 |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
Profit and loss account |
|
|
|
3,252 |
|
Shareholder's funds |
|
|
|
3,254 |
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his 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.
|
|
|
|
J Harper |
Director |
Approved by the board on 7 May 2016
|
|
Silvawood Ltd
|
Notes to the Abbreviated Accounts |
for the period ended 31 August 2015
|
|
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 January 2015).
|
|
|
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. |
|
|
Equipment |
15% reducing balance
|
|
Motor vehicles |
25% reducing balance
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
24,801 |
|
At 31 August 2015 |
24,801 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
1,394 |
|
At 31 August 2015 |
1,394 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
23,407 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
- |
|
2 |
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
£1 each |
|
- |
|
2 |
|
|
|
|
|
|
|