SJC Castle Limited Accounts

SJC CASTLE LIMITED - Company Information






SJC Castle Limited
	Company No. 06356682
		Abbreviated Accounts
		31 December 2015

at	31 December 2015

Company No.		06356682	Notes	2015	2014
				£	£
Fixed assets
	Intangible assets		2	55,950	65,110
	Tangible assets		2	4,811	5,701

				60,761	70,811
Current assets
	Stocks			20,000	29,000
	Debtors			1,023	1,101

	Cash at bank and in hand			3,289	5,654
				24,312	35,755
Creditors: Amounts falling due within one year				(68,126)	(99,803)
Net current liabilities				(43,814)	(64,048)
Total assets less current liabilities				16,947	6,763

Provisions for liabilities
	Deferred taxation			(962)	(1,204)

Net assets				15,985	5,559

Capital and reserves
	Called up share capital		3	1	1



	Profit and loss account			15,984	5,558

Shareholder's funds				15,985	5,559

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 21 September 2016

And signed on its behalf by:

S. Clair
Director
21 September 2016

for the year ended 31 December 2015

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Furniture, fittings and equipment

15% Reducing balance

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks and research and development costs) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an assets may not be fully recoverable.

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Intangible fixed assets	Tangible fixed assets	Total
		£	£	£
	Cost or revaluation
	At 1 January 2015	92,590	13,838	106,428
	Additions	-	249	249



	At 31 December 2015	92,590	14,087	106,677
	Amortisation
	At 1 January 2015	27,480	8,137	35,617
	Charge for the year	9,160	1,139	10,299



	At 31 December 2015	36,640	9,276	45,916
	Net book values
	At 31 December 2015	55,950	4,811	60,761
	At 31 December 2014	65,110	5,701	70,811

3	Share Capital
		Nominal value	2015	2015	2014
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	1	1	1




				1	1