Abbreviated Company Accounts - SOTECH LIMITED

01651304 SOTECH LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 01651304 2015-01-01 2015-12-31 01651304 2015-12-31 01651304 2014-12-31 01651304 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01651304 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 01651304

SOTECH LIMITED

Abbreviated Accounts

31 December 2015

SOTECH LIMITED Registered Number 01651304

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	760,690	777,843
Investments		-	-
		760,690	777,843
Current assets
Stocks		490,588	284,155
Debtors		1,179,129	1,088,615
Investments		-	-
Cash at bank and in hand		904,959	767,758
		2,574,676	2,140,528
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(1,453,614)	(1,287,906)
Net current assets (liabilities)		1,121,062	852,622
Total assets less current liabilities		1,881,752	1,630,465
Creditors: amounts falling due after more than one year		(498,126)	(548,677)
Provisions for liabilities		(86,599)	(65,215)
Accruals and deferred income		0	0
Total net assets (liabilities)		1,297,027	1,016,573
Capital and reserves
Called up share capital	3	14,002	14,002
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		1,283,025	1,002,571
Shareholders' funds		1,297,027	1,016,573

For the year ending 31 December 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 2 March 2016

And signed on their behalf by:
J A Egginton, Director

SOTECH LIMITED Registered Number 01651304

Notes to the Abbreviated Accounts for the period ended 31 December 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 and services 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.

Plant and machinery - 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	1,861,091
Additions	53,831
Disposals	(317,500)
Revaluations	0
Transfers	0
At 31 December 2015	1,597,422
Depreciation
At 1 January 2015	1,083,248
Charge for the year	70,984
On disposals	(317,500)
At 31 December 2015	836,732
Net book values
At 31 December 2015	760,690
At 31 December 2014	777,843

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
14,002 Ordinary shares of £1 each	14,002	14,002