Stotfold Plating Co. Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00849435 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Stotfold Plating Co. Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J B Cherry

Mrs J Cherry

SECRETARY:

Mrs J Cherry

REGISTERED OFFICE:

Taylors Road

Stotfold

Hertfordshire

SG5 4AX

REGISTERED NUMBER:

00849435 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

2

13,100

16,105

CURRENT ASSETS

Stocks

7,162

5,328

Debtors

577,277

552,649

Prepayments and accrued income

5,918

8,248

Cash at bank and in hand

174,959

157,109

765,316

723,334

CREDITORS

Amounts falling due within one year

127,090

165,078

NET CURRENT ASSETS

638,226

558,256

TOTAL ASSETS LESS CURRENT LIABILITIES

651,326

574,361

PROVISIONS FOR LIABILITIES

1,547

1,912

NET ASSETS

649,779

572,449

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

649,679

572,349

SHAREHOLDERS' FUNDS

649,779

572,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 March 2016 and were signed on its behalf by:

J B Cherry - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

94,695

DEPRECIATION

At 1 July 2014

78,590

Charge for year

3,005

At 30 June 2015

81,595

NET BOOK VALUE

At 30 June 2015

13,100

At 30 June 2014

16,105

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£1

100

100