Abbreviated Company Accounts - SPEIGHTS ENTERPRISES LIMITED

SPEIGHTS ENTERPRISES LIMITED - Company Information

00830663 SPEIGHTS ENTERPRISES LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 00830663 2015-02-01 2016-01-31 00830663 2016-01-31 00830663 2015-01-31 00830663 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 00830663 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 00830663

SPEIGHTS ENTERPRISES LIMITED

Abbreviated Accounts

31 January 2016

SPEIGHTS ENTERPRISES LIMITED Registered Number 00830663

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	438,582	466,286
		438,582	466,286
Current assets
Debtors		92,511	89,673
Cash at bank and in hand		30,043	19,198
		122,554	108,871
Creditors: amounts falling due within one year		(197,508)	(221,672)
Net current assets (liabilities)		(74,954)	(112,801)
Total assets less current liabilities		363,628	353,485
Total net assets (liabilities)		363,628	353,485
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		362,628	352,485
Shareholders' funds		363,628	353,485

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 21 October 2016

And signed on their behalf by:
G SPEIGHT, Director

SPEIGHTS ENTERPRISES LIMITED Registered Number 00830663

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 April 2008.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the less estimated residual value of each asset over its estimated useful life, as follows:

Land and buildings - 2% reducing balance
Plant and machinery - 25% reducing balance
Motor vehicle - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2015	674,744
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	674,744
Depreciation
At 1 February 2015	208,458
Charge for the year	27,704
On disposals	-
At 31 January 2016	236,162
Net book values
At 31 January 2016	438,582
At 31 January 2015	466,286

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000