Abbreviated Company Accounts - SIEVERT & CO LIMITED

Abbreviated Company Accounts - SIEVERT & CO LIMITED

SIEVERT & CO LIMITED - Company Information

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Registered Number 06338337

SIEVERT & CO LIMITED

Abbreviated Accounts

31 August 2015

SIEVERT & CO LIMITED Registered Number 06338337

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 839 1,536
Investments 3 575,000 200,000
575,839 201,536
Current assets
Cash at bank and in hand 81,715 364,831
81,715 364,831
Creditors: amounts falling due within one year (14,196) (75,100)
Net current assets (liabilities) 67,519 289,731
Total assets less current liabilities 643,358 491,267
Total net assets (liabilities) 643,358 491,267
Capital and reserves
Called up share capital 2 2
Profit and loss account 643,356 491,265
Shareholders' funds 643,358 491,267
  • For the year ending 31 August 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 15 February 2016

And signed on their behalf by:
T Ward, Director

SIEVERT & CO LIMITED Registered Number 06338337

Notes to the Abbreviated Accounts for the period ended 31 August 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% Reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2014 5,357
Additions 109
Disposals -
Revaluations -
Transfers -
At 31 August 2015 5,466
Depreciation
At 1 September 2014 3,821
Charge for the year 806
On disposals -
At 31 August 2015 4,627
Net book values
At 31 August 2015 839
At 31 August 2014 1,536

3Fixed assets Investments
Fixed assets investment is a Nationwide bond held by the company.