SRT_TRADING_LIMITED - Accounts

SRT TRADING LIMITED - Company Information

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Company Registration No. 07771543 (England and Wales)

SRT TRADING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

SRT TRADING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

SRT TRADING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

92,478

127,631

Current assets

Stocks

12,856

17,630

Debtors

8,611

34,746

Cash at bank and in hand

32,630

20,067

54,097

72,443

Creditors: amounts falling due within one year

(64,607)

(62,749)

Net current (liabilities)/assets

(10,510)

9,694

Total assets less current liabilities

81,968

137,325

Capital and reserves

Called up share capital

Other reserves

91,424

125,664

Profit and loss account

(9,457)

11,660

Shareholders' funds

81,968

137,325

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 November 2015

S Madoc

M Russell

Director

Company Registration No. 07771543

SRT TRADING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

Plant and machinery

20% straight line

Fixtures, fittings & equipment

25% straight line

Motor vehicles

25% straight line

Fixed assets

Tangible assets

Cost

At 1 April 2014

202,164

Additions

2,090

At 31 March 2015

204,254

Depreciation

At 1 April 2014

74,533

Charge for the year

37,243

At 31 March 2015

111,776

Net book value

At 31 March 2015

92,478

At 31 March 2014

127,631

SRT TRADING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary Share of £1 each

Ultimate parent company

SRT Trading Limited is a wholly owned subsidiary of Sunnyside Rural Trust (02600844).