Abbreviated Company Accounts - SIMPSON ESTATES LIMITED

Abbreviated Company Accounts - SIMPSON ESTATES LIMITED

SIMPSON ESTATES LIMITED - Company Information

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Registered Number 05108327

SIMPSON ESTATES LIMITED

Abbreviated Accounts

30 April 2015

SIMPSON ESTATES LIMITED Registered Number 05108327

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 416 555
416 555
Current assets
Debtors - 100
Cash at bank and in hand 5,518 3,667
5,518 3,767
Creditors: amounts falling due within one year (4,383) (7,009)
Net current assets (liabilities) 1,135 (3,242)
Total assets less current liabilities 1,551 (2,687)
Total net assets (liabilities) 1,551 (2,687)
Capital and reserves
Called up share capital 199 199
Profit and loss account 1,352 (2,886)
Shareholders' funds 1,551 (2,687)
  • 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 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 16 January 2016

And signed on their behalf by:
Mr Simpson, Director

SIMPSON ESTATES LIMITED Registered Number 05108327

Notes to the Abbreviated Accounts for the period ended 30 April 2015

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 net invoiced sales of goods, excluding value added tax.

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

2Tangible fixed assets
£
Cost
At 1 May 2014 1,518
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 1,518
Depreciation
At 1 May 2014 963
Charge for the year 139
On disposals -
At 30 April 2015 1,102
Net book values
At 30 April 2015 416
At 30 April 2014 555