Sutcliffe & Son (Plasterers) Limited - Abbreviated accounts 16.1

Sutcliffe & Son (Plasterers) Limited - Abbreviated accounts 16.1

SUTCLIFFE & SON (PLASTERERS) LIMITED - Company Information

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REGISTERED NUMBER: 01238688















Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

SUTCLIFFE & SON (PLASTERERS) LIMITED

SUTCLIFFE & SON (PLASTERERS) LIMITED (REGISTERED NUMBER: 01238688)

Contents of the Abbreviated Accounts
for the year ended 31 December 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SUTCLIFFE & SON (PLASTERERS) LIMITED

Company Information
for the year ended 31 December 2015







Directors: A Sutcliffe
D Sutcliffe
S Sutcliffe





Secretary: J Sutcliffe





Registered office: Stanley House
19-23 Crofts Bank Road
Urmston
MANCHESTER
M41 0TZ





Registered number: 01238688





Accountants: Haines Watts Manchester Limited
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN
Page 1
SUTCLIFFE & SON (PLASTERERS) LIMITED (REGISTERED NUMBER: 01238688)

Abbreviated Balance Sheet
31 December 2015

2015 2014
Notes £    £    £    £   
Fixed assets
Tangible assets 2 27,469 8,070
Investment property 3 297,137 288,666
324,606 296,736

Current assets
Debtors 212,898 239,989
Investments 53,999 49,998
Cash at bank and in hand 607,868 659,357
874,765 949,344
Creditors
Amounts falling due within one year 112,707 117,293
Net current assets 762,058 832,051
Total assets less current liabilities 1,086,664 1,128,787

Capital and reserves
Called up share capital 4 100 100
Other reserves 40 40
Profit and loss account 1,086,524 1,128,647
Shareholders' funds 1,086,664 1,128,787

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 September 2016 and were signed on its behalf by:





A Sutcliffe - Director


The notes on pages 3 to 4 form part of these abbreviated accounts

Page 2
SUTCLIFFE & SON (PLASTERERS) LIMITED (REGISTERED NUMBER: 01238688)

Notes to the Abbreviated Accounts
for the year ended 31 December 2015


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, 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.

Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market
value is transferred to a revaluation reserve.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to the profit and loss account in the period to which they relate.

2. Tangible fixed assets
Total
£   
Cost
At 1 January 2015 19,364
Additions 28,677
At 31 December 2015 48,041
Depreciation
At 1 January 2015 11,294
Charge for year 9,278
At 31 December 2015 20,572
Net book value
At 31 December 2015 27,469
At 31 December 2014 8,070

Page 3
SUTCLIFFE & SON (PLASTERERS) LIMITED (REGISTERED NUMBER: 01238688)

Notes to the Abbreviated Accounts - continued
for the year ended 31 December 2015


3. Investment property
Total
£   
Cost
At 1 January 2015 288,666
Additions 8,471
At 31 December 2015 297,137
Net book value
At 31 December 2015 297,137
At 31 December 2014 288,666

4. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 4