Success Accident Solutions Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04861648 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Success Accident Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Stevenson

SECRETARY:

Mrs K Stevenson

REGISTERED OFFICE:

Lynch and Grice House

Warrington Road

WIDNES

Cheshire

WA8 0ST

REGISTERED NUMBER:

04861648 (England and Wales)

ACCOUNTANTS:

GR Taylor & Co Accountants

54-56 Ormskirk Street

ST HELENS

Merseyside

WA10 2TF

FIXED ASSETS

Tangible assets

2

35,941

56,342

CURRENT ASSETS

Debtors

3

251,717

244,548

Cash at bank

81,592

78,219

333,309

322,767

CREDITORS

Amounts falling due within one year

183,623

156,150

NET CURRENT ASSETS

149,686

166,617

TOTAL ASSETS LESS CURRENT
LIABILITIES

185,627

222,959

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

185,624

222,956

SHAREHOLDERS' FUNDS

185,627

222,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 July 2016 and were signed by:

Mr J Stevenson - 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 net invoiced sales of services, excluding value added tax.

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

Fixtures & equipment

-

25% on reducing balance

Hire Fleet

-

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 November 2014

189,023

Additions

8,193

Disposals

(52,500

)

At 31 October 2015

144,716

DEPRECIATION

At 1 November 2014

132,681

Charge for year

11,983

Eliminated on disposal

(35,889

)

At 31 October 2015

108,775

NET BOOK VALUE

At 31 October 2015

35,941

At 31 October 2014

56,342

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 71,159 (31.10.14 - £ 57,598 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

2

Ordinary A

£1

2

1

Ordinary B

£1

1

3