Saltney Post & Convenience Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08848772 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 16 January 2014 to 31 May 2015

for

Saltney Post & Convenience Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K S Elson

Mrs T L Cook

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

08848772 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

2

18,066

CURRENT ASSETS

Stocks

12,786

Debtors

1,770

Cash at bank

769

15,325

CREDITORS

Amounts falling due within one year

(30,478

)

NET CURRENT LIABILITIES

(15,153

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,913

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

2,813

SHAREHOLDERS' FUNDS

2,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 October 2015 and were signed on its behalf by:

K S Elson - Director

Mrs T L Cook - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

24,087

At 31 May 2015

24,087

DEPRECIATION

Charge for period

6,021

At 31 May 2015

6,021

NET BOOK VALUE

At 31 May 2015

18,066

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100