Abbreviated Company Accounts - SCREEN EXCELLENCE LTD

Abbreviated Company Accounts - SCREEN EXCELLENCE LTD

SCREEN EXCELLENCE LTD - Company Information

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Registered Number 05394772

SCREEN EXCELLENCE LTD

Abbreviated Accounts

28 February 2016

SCREEN EXCELLENCE LTD Registered Number 05394772

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 47,107 41,467
Tangible assets 3 3,955 1,643
Investments 4 7,166 7,166
58,228 50,276
Current assets
Stocks 74,630 52,780
Debtors 34,198 35,659
Cash at bank and in hand 2,301 3,534
111,129 91,973
Creditors: amounts falling due within one year (88,718) (66,148)
Net current assets (liabilities) 22,411 25,825
Total assets less current liabilities 80,639 76,101
Creditors: amounts falling due after more than one year (16,420) (35,262)
Total net assets (liabilities) 64,219 40,839
Capital and reserves
Called up share capital 30,000 30,000
Profit and loss account 34,219 10,839
Shareholders' funds 64,219 40,839
  • For the year ending 28 February 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 30 November 2016

And signed on their behalf by:
Mrs S Dodd, Director

SCREEN EXCELLENCE LTD Registered Number 05394772

Notes to the Abbreviated Accounts for the period ended 28 February 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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

2Intangible fixed assets
£
Cost
At 1 March 2015 55,922
Additions 14,090
Disposals -
Revaluations -
Transfers -
At 28 February 2016 70,012
Amortisation
At 1 March 2015 14,455
Charge for the year 8,450
On disposals -
At 28 February 2016 22,905
Net book values
At 28 February 2016 47,107
At 28 February 2015 41,467
3Tangible fixed assets
£
Cost
At 1 March 2015 6,645
Additions 5,067
Disposals -
Revaluations -
Transfers -
At 28 February 2016 11,712
Depreciation
At 1 March 2015 5,002
Charge for the year 2,755
On disposals -
At 28 February 2016 7,757
Net book values
At 28 February 2016 3,955
At 28 February 2015 1,643

4Fixed assets Investments
Investments other than loans £7,166 (2015: £7,166).