Smithfold Investments Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09021495 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2015

for

Smithfold Investments Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R A Greaves

SECRETARY:

M C Walker

REGISTERED OFFICE:

1 Beldon Brook Green

Fenay Bridge

Huddersfield

West Yorkshire

HD8 0JP

REGISTERED NUMBER:

09021495 (England and Wales)

ACCOUNTANTS:

Sutcliffe & Co

Chartered Accountants

Wellington Mills

70 Plover Road

Lindley

Huddersfield

West Yorkshire

HD3 3HR

FIXED ASSETS

Investments

2

-

50,000

CURRENT ASSETS

Debtors

3

305,000

500,000

Cash at bank

4,208

250,000

309,208

750,000

CREDITORS

Amounts falling due within one year

550

500

NET CURRENT ASSETS

308,658

749,500

TOTAL ASSETS LESS CURRENT
LIABILITIES

308,658

799,500

CAPITAL AND RESERVES

Called up share capital

4

50,000

Profit and loss account

258,658

749,500

SHAREHOLDERS' FUNDS

308,658

799,500

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 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 5 September 2016 and were signed by:

R A Greaves - 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).

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

50,000

PROVISIONS

Charge for year

50,000

At 31 December 2015

50,000

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

50,000

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 300,667 (31.12.14 - £ 500,000 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

50,000

Ordinary

£1

50,000