Abbreviated Company Accounts - SPOKE 925 LTD.

Abbreviated Company Accounts - SPOKE 925 LTD.


Registered Number SC250301

SPOKE 925 LTD.

Abbreviated Accounts

31 October 2015

SPOKE 925 LTD. Registered Number SC250301

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 61,943 61,943
Tangible assets 3 6,075 7,147
68,018 69,090
Current assets
Stocks 15,006 10,206
Debtors 16,071 38,365
Cash at bank and in hand 34 34
31,111 48,605
Net current assets (liabilities) 31,111 48,605
Total assets less current liabilities 99,129 117,695
Creditors: amounts falling due after more than one year (25,098) (36,021)
Total net assets (liabilities) 74,031 81,674
Capital and reserves
Called up share capital 2 2
Profit and loss account 74,029 81,672
Shareholders' funds 74,031 81,674
  • For the year ending 31 October 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 28 July 2016

And signed on their behalf by:
graham robertson, Director

SPOKE 925 LTD. Registered Number SC250301

Notes to the Abbreviated Accounts for the period ended 31 October 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
Turnover comprises the value of sales, excluding VAT and similar taxes and trade discounts, of goods and services in the normal course of business

Tangible assets depreciation policy
Fixed assets are shown at historical cost
Depreciation is provided, after taking account of any grants receivable, at the following annual rates to write off each asset over its estimated useful life:
Fixtures & fittings reducing balance 15%
Equipment reducing balance 15%

2Intangible fixed assets
£
Cost
At 1 November 2014 61,943
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2015 61,943
Amortisation
At 1 November 2014 -
Charge for the year -
On disposals -
At 31 October 2015 -
Net book values
At 31 October 2015 61,943
At 31 October 2014 61,943
3Tangible fixed assets
£
Cost
At 1 November 2014 27,288
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2015 27,288
Depreciation
At 1 November 2014 20,141
Charge for the year 1,072
On disposals -
At 31 October 2015 21,213
Net book values
At 31 October 2015 6,075
At 31 October 2014 7,147