Registration number:
Stockwell & Bentley Associates Limited
for the Period from 1 August 2016 to 30 September 2017
Chartered Certified Accountants
Thames House
Bourne End Business Park
Cores End Road
Bourne End
Buckinghamshire
SL8 5AS
Stockwell & Bentley Associates Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Stockwell & Bentley Associates Limited
Company Information
Director |
Mr Peter Brian Shepherd |
Company secretary |
Mrs Della Murphy |
Registered office |
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Accountants |
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Stockwell & Bentley Associates Limited
(Registration number: 09791633)
Balance Sheet as at 30 September 2017
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2017 |
2016 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial period ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Mr Peter Brian Shepherd
Director
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Stockwell & Bentley Associates Limited
Notes to the Financial Statements for the Period from 1 August 2016 to 30 September 2017
General information |
The company is a private company limited by share capital incorporated in England & Wales. The company began to trade on 1 February 2017.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
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Stockwell & Bentley Associates Limited
Notes to the Financial Statements for the Period from 1 August 2016 to 30 September 2017
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Share capital
Ordinary shares are classified as equity.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Debtors |
2017 |
2016 |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
Note |
2017 |
2016 |
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Due within one year |
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Other creditors |
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Related party transactions |
Transactions with directors |
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Stockwell & Bentley Associates Limited
Notes to the Financial Statements for the Period from 1 August 2016 to 30 September 2017
2017 |
Advances to directors |
At 30 September 2017 |
Mr Peter Brian Shepherd |
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Amounts due from director at the year end |
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Other transactions with directors |
Mr P B Shepherd
During the year the company paid dividends of £20,000 (2016 - £0) to Mr P B Shepherd (Director) at the balance sheet date the amount due from Mr P B Shepherd was £5,353.
Summary of transactions with other related parties
During the year the company paid dividends of £20,000 (2016 - £0) to Mr A Murphy (Shareholder) at the balance sheet date the amount due from Mr A Murphy was £5,353.
Loans to related parties
2017 |
Other related parties |
Advanced |
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Terms of loans to related parties
Transition to FRS 102 |
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