Samper Installation Limited - Period Ending 2016-06-30

Registration number: 06619260

Samper Installation Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016
 

Carter Collins & Myer Limited
  Accountants & Taxation Advisors
  Chichester House
  2 Chichester Street
  Rochdale
  Lancashire
  OL16 2AX

Samper Installation Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Samper Installation Limited
(Registration number: 06619260)
Abbreviated Balance Sheet at 30 June 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					16,218			4,630
Current assets
Stocks					35,000			35,000
Debtors					24,194			5,761
Cash at bank and in hand					72,321			9,587
					131,515			50,348
Creditors: Amounts falling due within one year					(147,716)			(96,176)
Net current liabilities					(16,201)			(45,828)
Net assets/(liabilities)					17			(41,198)
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					15			(41,200)
Shareholders' funds/(deficit)					17			(41,198)

For the year ending 30 June 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 director acknowledges his 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 director on 18 November 2016

.........................................
Mr Per Bonde
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Samper Installation Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 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).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% straight line
Computer equipment	25% straight line
Plant and machinery	20% reducing balance
Fixtures and fittings	15% reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Included in other creditors is the directors loan account balance of £17,673. This amount is interest free and repayable on demand.

Page 2

Samper Installation Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2015		6,899			6,899
Additions		15,554			15,554
At 30 June 2016		22,453			22,453
Depreciation
At 1 July 2015		2,269			2,269
Charge for the year		3,966			3,966
At 30 June 2016		6,235			6,235
Net book value
At 30 June 2016		16,218			16,218
At 30 June 2015		4,630			4,630

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

During the year the company paid dividends of £37,200 to Mr P. Bonde.

Page 3