St David's Antiques Limited - Abbreviated accounts 16.1
St David's Antiques Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2015 |
FOR |
ST DAVID'S ANTIQUES LIMITED |
ST DAVID'S ANTIQUES LIMITED (REGISTERED NUMBER: 04764875) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 AUGUST 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
ST DAVID'S ANTIQUES LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 AUGUST 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
ST DAVID'S ANTIQUES LIMITED (REGISTERED NUMBER: 04764875) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2015 |
31.8.15 | 31.8.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 financial statements were approved by the Board of Directors on |
ST DAVID'S ANTIQUES LIMITED (REGISTERED NUMBER: 04764875) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 AUGUST 2015 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the going concern basis, which assumes that the company will |
continue to trade into the foreseeable future. |
The company has net liabilities of £84,603 at 31 August 2015. The majority of the creditors are made up by the |
directors' loan account, which is an interest free loan to the directors. The directors do not expect repayment by |
the company in the short term. |
With regards to the directors support of the company, it is expected to continue to trade into the foreseeable |
future. |
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 |
Plant and machinery etc | - |
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. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2014 |
and 31 August 2015 |
DEPRECIATION |
At 1 September 2014 |
Charge for year |
At 31 August 2015 |
NET BOOK VALUE |
At 31 August 2015 |
At 31 August 2014 |
ST DAVID'S ANTIQUES LIMITED (REGISTERED NUMBER: 04764875) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the Year Ended 31 AUGUST 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.15 | 31.8.14 |
value: | £ | £ |
Ordinary | £1 |