STROUDEN INTERIORS LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 04374579 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

FOR

STROUDEN INTERIORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R D Hawkins

Mrs L R Hawkins

SECRETARY:

R D Hawkins

REGISTERED OFFICE:

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

REGISTERED NUMBER:

04374579 (England and Wales)

ACCOUNTANTS:

James Todd & Co Limited

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

FIXED ASSETS

Tangible assets

2

4,372

4,716

CURRENT ASSETS

Debtors

110,485

114,730

Cash at bank

17,741

10,058

128,226

124,788

CREDITORS

Amounts falling due within one year

118,386

115,382

NET CURRENT ASSETS

9,840

9,406

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,212

14,122

CAPITAL AND RESERVES

Called up share capital

3

2

1

Profit and loss account

14,210

14,121

SHAREHOLDERS' FUNDS

14,212

14,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 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 5 May 2016 and were signed on its
behalf by:

R D Hawkins - 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 January 2015).

Turnover

Turnover represents the amounts derived from the provision of goods and services falling within the

company's ordinary activities, after deduction of trade discounts, value added tax and any other

other taxes.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation

computations in period different from those in which they are included in the company's accounts.

Deferred tax is provided in full on timing differences which result in an obligation to pay more (or

less) tax at a future date, at the average tax rates that are expected to apply when the timing

differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where

there is no commitment to sell the asset.

Deferred tax assets and liabilities are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

12,415

Additions

1,112

At 29 February 2016

13,527

DEPRECIATION

At 1 March 2015

7,699

Charge for year

1,456

At 29 February 2016

9,155

NET BOOK VALUE

At 29 February 2016

4,372

At 28 February 2015

4,716

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.2.16

28.2.15

value:

£

2

Ordinary

£1

2

1

(28.2.15 - 1 )

1 Ordinary share of £1 was allotted and fully paid for cash at par during the year.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2016

and 28 February 2015:

29.2.16

28.2.15

£

R D Hawkins and Mrs L R Hawkins

Balance outstanding at start of year

(24,200

)

(18,200

)

Amounts advanced

30,001

14,000

Amounts repaid

(28,000

)

(20,000

)

Balance outstanding at end of year

(22,199

)

(24,200

)