Abbreviated Company Accounts - S.H. TRADING LIMITED

S.H. TRADING LIMITED - Company Information

01274729 S.H. TRADING LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 01274729 2014-09-01 2015-08-31 01274729 2015-08-31 01274729 2014-08-31 01274729 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 01274729 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 01274729

S.H. TRADING LIMITED

Abbreviated Accounts

31 August 2015

S.H. TRADING LIMITED Registered Number 01274729

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		162,713	65,851
Cash at bank and in hand		344	1,008
		163,057	66,859
Creditors: amounts falling due within one year		(61,546)	(65,546)
Net current assets (liabilities)		101,511	1,313
Total assets less current liabilities		101,511	1,313
Total net assets (liabilities)		101,511	1,313
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		101,411	1,213
Shareholders' funds		101,511	1,313

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.

Approved by the Board on 18 May 2016

And signed on their behalf by:
STEVEN HURWITZ, Director

S.H. TRADING LIMITED Registered Number 01274729

Notes to the Abbreviated Accounts for the period ended 31 August 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Other accounting policies
Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100