Accounts filed on 31-08-2015

Accounts filed on 31-08-2015

S P FORD & CO. LIMITED - Company Information

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S P FORD & CO. LIMITED

Company Registration Number:
08194716 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 September 2014

End date: 31 August 2015

S P FORD & CO. LIMITED

Abbreviated Balance sheet

As at 31 August 2015


Notes
2015
£
2014
£
Fixed assets
Tangible assets: 2 1,011 1,014
Total fixed assets: 1,011 1,014
Current assets
Stocks: 10,720 11,960
Debtors: 3 12,199 5,222
Cash at bank and in hand: 93,023 76,718
Total current assets: 115,942 93,900
Creditors: amounts falling due within one year: 4 ( 24,014 ) ( 27,766 )
Net current assets (liabilities): 91,928 66,134
Total assets less current liabilities: 92,939 67,148
Total net assets (liabilities): 92,939 67,148

The notes form part of these financial statements

S P FORD & CO. LIMITED

Balance sheet continued

As at 31 August 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 5 2 2
Profit and loss account: 92,937 67,146
Shareholders funds: 92,939 67,148

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 04 April 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Steven Peter Ford
Status: Director

The notes form part of these financial statements

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost and in accordance with the Financial Reporting Standard for Smaller Entities.

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the Company in respect of services supplied during the period, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Computer and Office Equipment - 25% on cost

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 2. Tangible assets

    Total
    Cost £
    01 September 2014: 1,620
    Additions: 665
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 August 2015: 2,285
    Depreciation
    01 September 2014: 606
    Charge for year: 668
    On disposals: 0
    Other adjustments: 0
    31 August 2015: 1,274
    Net book value
    31 August 2015: 1,011
    31 August 2014: 1,014

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 3. Debtors


    2015
    £
    2014
    £
    Trade debtors: 2,199 5,222
    Prepayments and accrued income: 10,000
    Total: 12,199 5,222

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 4. Creditors: amounts falling due within one year


    2015
    £
    2014
    £
    Taxation and social security: 24,014 27,766
    Total: 24,014 27,766

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 6. Related party disclosures

    Name of the ultimate controlling party during the period: Steven Peter Ford
    Name of related party: Steven Peter Ford
    Relationship: Director
    Description of the transaction Director's Loan
    Balance at 01 September 2014 0
    Balance at 31 August 2015 10,000

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 7. Transactions with directors

    Name of director receiving advance or credit Steven Peter Ford
    Description of the transaction Director's Loan
    Balance at 01 September 2014 0
    Advances or credits made 10,000
    Balance at 31 August 2015 10,000