Abbreviated Company Accounts - STANDARD FUEL OILS LIMITED

Abbreviated Company Accounts - STANDARD FUEL OILS LIMITED

STANDARD FUEL OILS LIMITED - Company Information

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Registered Number 07555993

STANDARD FUEL OILS LIMITED

Abbreviated Accounts

31 March 2015

STANDARD FUEL OILS LIMITED Registered Number 07555993

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 426,599 192,058
426,599 192,058
Current assets
Stocks 175,918 152,627
Debtors 1,906,632 1,576,905
Cash at bank and in hand 1,304,181 791,765
3,386,731 2,521,297
Creditors: amounts falling due within one year (2,551,153) (2,085,729)
Net current assets (liabilities) 835,578 435,568
Total assets less current liabilities 1,262,177 627,626
Total net assets (liabilities) 1,262,177 627,626
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,262,077 627,526
Shareholders' funds 1,262,177 627,626
  • For the year ending 31 March 2015 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 25 June 2015

And signed on their behalf by:
Mr Nick Goodwin, Director

STANDARD FUEL OILS LIMITED Registered Number 07555993

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2014 250,683
Additions 303,347
Disposals -
Revaluations -
Transfers -
At 31 March 2015 554,030
Depreciation
At 1 April 2014 58,625
Charge for the year 68,806
On disposals -
At 31 March 2015 127,431
Net book values
At 31 March 2015 426,599
At 31 March 2014 192,058