Abbreviated Company Accounts - STALKY & CO. LIMITED

STALKY & CO. LIMITED - Company Information

Registered Number 01062231

STALKY & CO. LIMITED

Abbreviated Accounts

31 January 2016

STALKY & CO. LIMITED Registered Number 01062231

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	50,844	50,866
		50,844	50,866
Current assets
Debtors		199,894	199,894
Cash at bank and in hand		400,557	386,393
		600,451	586,287
Creditors: amounts falling due within one year		(237,555)	(239,513)
Net current assets (liabilities)		362,896	346,774
Total assets less current liabilities		413,740	397,640
Total net assets (liabilities)		413,740	397,640
Capital and reserves
Called up share capital		10,000	10,000
Profit and loss account		403,740	387,640
Shareholders' funds		413,740	397,640

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 14 October 2016

And signed on their behalf by:
L M Sorensen, Director

STALKY & CO. LIMITED Registered Number 01062231

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
Turnover represents the value of goods sold and services provided during the year.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Freehold property - 0% per annum
Office equipment - 50% per annum on net book value

2Tangible fixed assets

	£
Cost
At 1 February 2015	65,672
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	65,672
Depreciation
At 1 February 2015	14,806
Charge for the year	22
On disposals	-
At 31 January 2016	14,828
Net book values
At 31 January 2016	50,844
At 31 January 2015	50,866