STIDDARD_MATHERS_LIMITED - Accounts

STIDDARD MATHERS LIMITED - Company Information

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Company Registration No. 05998315 (England and Wales)

STIDDARD MATHERS LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MAY 2015

STIDDARD MATHERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

STIDDARD MATHERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

541

227

Current assets

Debtors

36,166

35,358

Cash at bank and in hand

12,797

6,464

48,963

41,822

Creditors: amounts falling due within one year

(34,938)

(34,862)

Net current assets

14,025

6,960

Total assets less current liabilities

14,566

7,187

Capital and reserves

Called up share capital

100

Profit and loss account

14,466

7,087

Shareholders' funds

14,566

7,187

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

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The director acknowledges his 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 3 December 2015

A M Mathers

Director

Company Registration No. 05998315

STIDDARD MATHERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MAY 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:

Computer equipment

33% straight line.

Fixtures, fittings & equipment

20% straight line

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of material timing differences.

STIDDARD MATHERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 MAY 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 6 April 2014

7,696

Additions

672

Disposals

(7,536)

At 31 May 2015

832

Depreciation

At 6 April 2014

7,469

On disposals

(7,428)

Charge for the period

250

At 31 May 2015

291

Net book value

At 31 May 2015

541

At 5 April 2014

227

Share capital

2015

2014

Allotted, called up and fully paid

100 ordinary shares of £1 each

100