Serquip Ltd - Period Ending 2016-04-30

SERQUIP LIMITED - Company Information

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Registration number: 06292199

Serquip Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015

LJ Hanbury Ltd
Chartered Certified Accountants
143 Tamworth Road
Long Eaton
Nottingham
NG10 1BY

Serquip Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Serquip Ltd
for the Year Ended 30 April 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Serquip Ltd for the year ended 30 April 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Serquip Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Serquip Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Serquip Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Serquip Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Serquip Ltd. You consider that Serquip Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Serquip Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

LJ Hanbury Ltd
Chartered Certified Accountants
143 Tamworth Road
Long Eaton
Nottingham
NG10 1BY

13 October 2015

Page 1

Serquip Ltd
(Registration number: 06292199)
Abbreviated Balance Sheet at 30 April 2015

	Note	2015 £	2014 £
Current assets
Debtors		3,016	3,140
Cash at bank and in hand		179	459
		3,195	3,599
Creditors: Amounts falling due within one year		(4,088)	(4,225)
Net liabilities		(893)	(626)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(895)	(628)
Shareholders' deficit		(893)	(626)

For the year ending 30 April 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 director acknowledges his 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 director on 13 October 2015

.........................................
Mr Michael Charles Reece
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Serquip Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015			2014
		No.	£		No.	£
Ordinary Share Capital of £1 each		2	2		2	2

Page 3