Abbreviated Company Accounts - S G S MECHANICAL LIMITED

S G S MECHANICAL LIMITED - Company Information

06444000 S G S MECHANICAL LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 06444000 2014-01-01 2014-12-31 06444000 2014-12-31 06444000 2013-12-31 06444000 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 06444000 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 06444000

S G S MECHANICAL LIMITED

Abbreviated Accounts

31 December 2014

S G S MECHANICAL LIMITED Registered Number 06444000

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,766	2,355
		1,766	2,355
Current assets
Debtors		19,200	32,306
Cash at bank and in hand		39,735	30,692
		58,935	62,998
Creditors: amounts falling due within one year		(9,413)	(13,366)
Net current assets (liabilities)		49,522	49,632
Total assets less current liabilities		51,288	51,987
Total net assets (liabilities)		51,288	51,987
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		51,287	51,986
Shareholders' funds		51,288	51,987

For the year ending 31 December 2014 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 14 July 2015

And signed on their behalf by:
S Schirinzi, Director

S G S MECHANICAL LIMITED Registered Number 06444000

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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.

Turnover policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2014	11,129
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	11,129
Depreciation
At 1 January 2014	8,774
Charge for the year	589
On disposals	-
At 31 December 2014	9,363
Net book values
At 31 December 2014	1,766
At 31 December 2013	2,355

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	Simon Schirinzi
Description of the transaction:	Directors loan
Balance at 1 January 2014:	£ 10,855
Advances or credits made:	-
Advances or credits repaid:	£ 10,855
Balance at 31 December 2014:	£ 0