Skinner Sloan Limited - Period Ending 2016-03-31

 
 
 
 
 
 
 
  Skinner Sloan Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 31 March 2016
 
  Company Registration Number: 08874729

Skinner Sloan Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 4

Skinner Sloan Limited
Abbreviated Balance Sheet
31 March 2016

		Note			31 March 2016 £			31 March 2015 £
Fixed assets
Investments		2			6			6
Capital and reserves
Called up share capital		3			6			6
Shareholders' funds					6			6

For the year ending 31 March 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 16 November 2016 and signed on its behalf by:

R C Skinner
Director

Company Registration Number: 08874729

The notes on pages 2 to 4 form an integral part of these financial statements.
Page 1

Skinner Sloan Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value. Where shares are issued as consideration cost is the nominal value of shares issued.

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2015		6			6
At 31 March 2016		6			6
Depreciation
At 31 March 2016		-			-
Net book value
At 31 March 2016		6			6
At 31 March 2015		6			6

Page 2

Skinner Sloan Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking		Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Timepiece Limited		ordinary shares	100.00%	operation of a public house and nightclub
Old Timers Limited		ordinary shares	100.00%	operation of a public house
The Hole in The Wall Limited		ordinary shares	100.00%	operation of a public house

Current year subsidiary financial information

The profit for the financial period of Timepiece Limited was £116,853 and the aggregate amount of capital and reserves at the end of the period was £182,572.

The loss for the financial period of Old Timers Limited was £1,463 and the aggregate amount of capital and reserves at the end of the period was £9,333.

The loss for the financial period of The Hole in The Wall Limited was £29,116 and the aggregate amount of capital and reserves at the end of the period was (£75,870).

Prior year subsidiary financial information

The profit for the prior financial period of Timepiece Limited was £31,475 and the aggregate of capital and reserves at the end of that period was £125,719.

The profit for the prior financial period of Old Timers Limited was £43,110 and the aggregate of capital and reserves at the end of that period was £10,796.

The loss for the prior financial period of The Hole in The Wall Limited was £5,385 and the aggregate of capital and reserves at the end of that period was (£46,754).

Page 3

Skinner Sloan Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 March 2016						31 March 2015
		No.			£			No.			£
Ordinary shares of £1 each		6			6			6			6

Page 4