Abbreviated Company Accounts - SCRANTON TRADE & FINANCE LIMITED

Abbreviated Company Accounts - SCRANTON TRADE & FINANCE LIMITED


Registered Number 04737713

SCRANTON TRADE & FINANCE LIMITED

Abbreviated Accounts

30 June 2015

SCRANTON TRADE & FINANCE LIMITED Registered Number 04737713

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
$ $
Current assets
Debtors 5,480 5,480
Cash at bank and in hand 223 223
5,703 5,703
Creditors: amounts falling due within one year (2,105) (2,105)
Net current assets (liabilities) 3,598 3,598
Total assets less current liabilities 3,598 3,598
Accruals and deferred income (3,425) (3,425)
Total net assets (liabilities) 173 173
Capital and reserves
Called up share capital 2 3 3
Profit and loss account 170 170
Shareholders' funds 173 173
  • For the year ending 30 June 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 31 March 2016

And signed on their behalf by:
M. Filenko, Director

SCRANTON TRADE & FINANCE LIMITED Registered Number 04737713

Notes to the Abbreviated Accounts for the period ended 30 June 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 is comprised of the invoiced value of goods and services supplied by the company, but during this financial year, no turnover was achieved.

Other accounting policies
Currency: the financial statements are prepared in USD with transactions in other currencies being converted into USD at the rate at the date of the transaction. Balances at the year end in other currencies are converted into USD at the rate at the balance sheet date.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
$
2014
$
2 Ordinary shares of $1.50 each 3 3

The shares are denominated on GBP, £1 each, converted into $1.50 each.