Skelton & Sons Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04881258 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

SKELTON & SONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M A Skelton

T R Skelton

REGISTERED OFFICE:

35 Trentham Drive

Aspley

Nottingham

Nottinghamshire

NG8 3LU

REGISTERED NUMBER:

04881258 (England and Wales)

ACCOUNTANTS:

S Shirtcliffe

668 Woodborough Road

Mapperley

Nottingham

Nottinghamshire

NG3 5FS

FIXED ASSETS

Tangible assets

2

4,875

4,835

CURRENT ASSETS

Debtors

10,738

4,684

Cash at bank

8,683

6,938

19,421

11,622

CREDITORS

Amounts falling due within one year

11,363

7,471

NET CURRENT ASSETS

8,058

4,151

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,933

8,986

PROVISIONS FOR LIABILITIES

975

967

NET ASSETS

11,958

8,019

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

11,858

7,919

SHAREHOLDERS' FUNDS

11,958

8,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 18 April 2016 and were signed on its behalf by:

M A Skelton - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

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 October 2014

16,123

Additions

1,333

At 30 September 2015

17,456

DEPRECIATION

At 1 October 2014

11,288

Charge for year

1,293

At 30 September 2015

12,581

NET BOOK VALUE

At 30 September 2015

4,875

At 30 September 2014

4,835

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

100

Ordinary

£1

100