Abbreviated Company Accounts - SEYMOUR DIRECT LIMITED

SEYMOUR DIRECT LIMITED - Company Information

Registered Number 03377152

SEYMOUR DIRECT LIMITED

Abbreviated Accounts

31 January 2016

SEYMOUR DIRECT LIMITED Registered Number 03377152

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	138,323	119,730
		138,323	119,730
Current assets
Debtors		19,968	69,737
Cash at bank and in hand		228,595	226,036
		248,563	295,773
Creditors: amounts falling due within one year		(155,109)	(216,602)
Net current assets (liabilities)		93,454	79,171
Total assets less current liabilities		231,777	198,901
Total net assets (liabilities)		231,777	198,901
Capital and reserves
Called up share capital		98	98
Profit and loss account		231,679	198,803
Shareholders' funds		231,777	198,901

For the year ending 31 January 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 12 October 2016

And signed on their behalf by:
Mrs S Lenza, Director

SEYMOUR DIRECT LIMITED Registered Number 03377152

Notes to the Abbreviated Accounts for the period ended 31 January 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 January 2015.

Turnover policy
The turnover in the profit and loss account represent amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less it's estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 33% Reducing Balance
Equipment - 25% Straight Line

2Tangible fixed assets

	£
Cost
At 1 February 2015	212,620
Additions	76,426
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	289,046
Depreciation
At 1 February 2015	92,890
Charge for the year	57,833
On disposals	-
At 31 January 2016	150,723
Net book values
At 31 January 2016	138,323
At 31 January 2015	119,730