Abbreviated Company Accounts - SPB CUSTOM METALWORKS LIMITED

Abbreviated Company Accounts - SPB CUSTOM METALWORKS LIMITED

SPB CUSTOM METALWORKS LIMITED - Company Information

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Registered Number 06650315

SPB CUSTOM METALWORKS LIMITED

Abbreviated Accounts

31 July 2015

SPB CUSTOM METALWORKS LIMITED Registered Number 06650315

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 5,200 5,600
Tangible assets 3 2,397 3,195
7,597 8,795
Current assets
Stocks 5,222 7,255
Debtors 29,680 -
Cash at bank and in hand 622 -
35,524 7,255
Creditors: amounts falling due within one year (42,400) (49,553)
Net current assets (liabilities) (6,876) (42,298)
Total assets less current liabilities 721 (33,503)
Total net assets (liabilities) 721 (33,503)
Capital and reserves
Called up share capital 100 100
Profit and loss account 621 (33,603)
Shareholders' funds 721 (33,503)
  • For the year ending 31 July 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 5 April 2016

And signed on their behalf by:
S Boulton, Director

SPB CUSTOM METALWORKS LIMITED Registered Number 06650315

Notes to the Abbreviated Accounts for the period ended 31 July 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
Total UK Sales Excluding VAT

Tangible assets depreciation policy
Motor Vehicles 25% reducing balance
Plant 25% reducing balance

Intangible assets amortisation policy
Goodwill written off over 20 years

2Intangible fixed assets
£
Cost
At 1 August 2014 8,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 8,000
Amortisation
At 1 August 2014 2,400
Charge for the year 400
On disposals -
At 31 July 2015 2,800
Net book values
At 31 July 2015 5,200
At 31 July 2014 5,600
3Tangible fixed assets
£
Cost
At 1 August 2014 11,127
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 11,127
Depreciation
At 1 August 2014 7,932
Charge for the year 798
On disposals -
At 31 July 2015 8,730
Net book values
At 31 July 2015 2,397
At 31 July 2014 3,195