Abbreviated Company Accounts - STRATFORD COLLINS ASSOCIATES LIMITED

STRATFORD COLLINS ASSOCIATES LIMITED - Company Information

Registered Number 07905739

STRATFORD COLLINS ASSOCIATES LIMITED

Abbreviated Accounts

31 January 2016

STRATFORD COLLINS ASSOCIATES LIMITED Registered Number 07905739

Abbreviated Balance Sheet as at 31 January 2016

	2016	2015
	£	£
Current assets
Debtors	67	67
Cash at bank and in hand	664	4,638
	731	4,705
Net current assets (liabilities)	731	4,705
Total assets less current liabilities	731	4,705
Accruals and deferred income	(2,225)	(2,872)
Total net assets (liabilities)	(1,494)	1,833
Capital and reserves
Called up share capital	100	100
Profit and loss account	(1,594)	1,733
Shareholders' funds	(1,494)	1,833

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 25 October 2016

And signed on their behalf by:
Mr A C Shakespeare, Director

STRATFORD COLLINS ASSOCIATES LIMITED Registered Number 07905739

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 comprises amounts receivable in the ordinary course of business from the principal activities of the company, exclusive of value added tax and discounts where applicable.

Other accounting policies
GOING CONCERN

The accounts have been prepared on a going concern basis because, in the opinion of the directors, the company is a going concern.

The directors have spent a lot of time focusing on long term strategic partnerships and this has detracted from the sales revenue for the year. The directors are confident that the benefits of these partnerships will be seen in the current trading year and this will help the company return to profit.

The directors consider that in preparing the financial statements they have taken into account all the information that could reasonably be expected to be available. On this basis they consider that it is appropriate to prepare the financial statements on a going concern basis. This assumes that the directors, who are creditors and the only shareholders, continue their support. The financial statements do not include any adjustments that would result if they should withdraw their support