Stylites Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07084701 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

STYLITES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S G Sperryn

SECRETARY:

S G Sperryn

REGISTERED OFFICE:

New Barn Farm

Lindsell

Great Dunmow

Essex

CM6 3QH

REGISTERED NUMBER:

07084701 (England and Wales)

ACCOUNTANTS:

M P Curtis

New Barn Farm

Lindsell

Dunmow

Essex

CM6 3QH

FIXED ASSETS

Tangible assets

2

556

695

CURRENT ASSETS

Cash at bank

21,704

28,311

CREDITORS

Amounts falling due within one year

7,494

7,913

NET CURRENT ASSETS

14,210

20,398

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,766

21,093

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

14,765

21,092

SHAREHOLDERS' FUNDS

14,766

21,093

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 22 August 2016 and were signed by:

S G Sperryn - 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 etc

-

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 December 2014

and 30 November 2015

1,648

DEPRECIATION

At 1 December 2014

953

Charge for year

139

At 30 November 2015

1,092

NET BOOK VALUE

At 30 November 2015

556

At 30 November 2014

695

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

1