Springwell (Burley) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08783426 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Springwell (Burley) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Heaton

M R Chapman

REGISTERED OFFICE:

32 North Lane

Leeds

West Yorkshire

LS6 3HE

REGISTERED NUMBER:

08783426 (England and Wales)

ACCOUNTANTS:

Frank W Dobby & Co Limited

Chartered Certified Accountants

55 Fountain Street

Morley

Leeds

West Yorkshire

LS27 0AA

FIXED ASSETS

Tangible assets

2

1,816

425

CURRENT ASSETS

Debtors

14,837

2,560

Cash at bank

13,750

1,033

28,587

3,593

CREDITORS

Amounts falling due within one year

33,236

10,003

NET CURRENT LIABILITIES

(4,649

)

(6,410

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,833

)

(5,985

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(2,933

)

(6,085

)

SHAREHOLDERS' FUNDS

(2,833

)

(5,985

)

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 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 30 August 2016 and were signed on its behalf by:

M R Chapman - Director

P Heaton - 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 goods and 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

-

15% on reducing balance

Computer equipment

-

15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

500

Additions

1,758

At 30 November 2015

2,258

DEPRECIATION

At 1 December 2014

75

Charge for year

367

At 30 November 2015

442

NET BOOK VALUE

At 30 November 2015

1,816

At 30 November 2014

425

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

100

Share capital 1

£1

100