Abbreviated Company Accounts - SWITCH CONTROLS LIMITED

SWITCH CONTROLS LIMITED - Company Information

04268335 SWITCH CONTROLS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04268335 2015-04-01 2016-03-31 04268335 2016-03-31 04268335 2015-03-31 04268335 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04268335 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 04268335

SWITCH CONTROLS LIMITED

Abbreviated Accounts

31 March 2016

SWITCH CONTROLS LIMITED Registered Number 04268335

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,744	6,324
		3,744	6,324
Current assets
Stocks		2,205	2,040
Debtors		215,696	117,181
Cash at bank and in hand		133,151	176,287
		351,052	295,508
Creditors: amounts falling due within one year		(183,156)	(175,503)
Net current assets (liabilities)		167,896	120,005
Total assets less current liabilities		171,640	126,329
Provisions for liabilities		(492)	(951)
Total net assets (liabilities)		171,148	125,378
Capital and reserves
Called up share capital	3	1,802	1,802
Profit and loss account		169,346	123,576
Shareholders' funds		171,148	125,378

For the year ending 31 March 2016 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 13 September 2016

And signed on their behalf by:
D HUXSTEP, Director

SWITCH CONTROLS LIMITED Registered Number 04268335

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Other tangible assets - 25% to 33% reducing balance or straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

Other accounting policies
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2Tangible fixed assets

	£
Cost
At 1 April 2015	21,333
Additions	400
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	21,733
Depreciation
At 1 April 2015	15,009
Charge for the year	2,980
On disposals	-
At 31 March 2016	17,989
Net book values
At 31 March 2016	3,744
At 31 March 2015	6,324

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,800 A Ordinary shares of £1 each	1,800	1,800
2 B Ordinary shares of £1 each	2	2