Abbreviated Company Accounts - STANDISH AND SONS LTD

Abbreviated Company Accounts - STANDISH AND SONS LTD


Registered Number 07215094

STANDISH AND SONS LTD

Abbreviated Accounts

30 April 2015

STANDISH AND SONS LTD Registered Number 07215094

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 859 638
859 638
Current assets
Debtors 5,157 588
Cash at bank and in hand 547 40,824
5,704 41,412
Creditors: amounts falling due within one year (5,498) (40,809)
Net current assets (liabilities) 206 603
Total assets less current liabilities 1,065 1,241
Accruals and deferred income (960) (950)
Total net assets (liabilities) 105 291
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 5 191
Shareholders' funds 105 291
  • 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 28 January 2016

And signed on their behalf by:
Michael Standish, Director

STANDISH AND SONS LTD Registered Number 07215094

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
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, including Flat Rate VAT.

Tangible assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment: 20% on cost

2Tangible fixed assets
£
Cost
At 1 May 2014 1,064
Additions 649
Disposals -
Revaluations -
Transfers -
At 30 April 2015 1,713
Depreciation
At 1 May 2014 426
Charge for the year 428
On disposals -
At 30 April 2015 854
Net book values
At 30 April 2015 859
At 30 April 2014 638
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £100 each 10,000 10,000