Stuuk Ltd - Period Ending 2016-01-31

Registration number: 07923070

Stuuk Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 January 2016
 

CCF Accountancy Ltd
Chartered Certified Accountants
Ground Floor
30 Victoria Avenue
Harrogate
North Yorkshire
HG1 5PR

Stuuk Ltd
(Registration number: 07923070)
Abbreviated Balance Sheet at 31 January 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					7,013			3,219
Current assets
Debtors					4,213			1,786
Cash at bank and in hand					1,488			4,108
					5,701			5,894
Creditors: Amounts falling due within one year					(12,566)			(5,188)
Net current (liabilities)/assets					(6,865)			706
Total assets less current liabilities					148			3,925
Creditors: Amounts falling due after more than one year					-			(6,825)
Net assets/(liabilities)					148			(2,900)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					48			(3,000)
Shareholders' funds/(deficit)					148			(2,900)

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 director acknowledges her 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 25 November 2016

.........................................
M Sefanit-Wudasee
Director

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

Stuuk Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 January 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 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
Office equipment	25% reducing balance

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Stuuk Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 February 2015		5,254			5,254
Additions		5,089			5,089
At 31 January 2016		10,343			10,343
Depreciation
At 1 February 2015		2,035			2,035
Charge for the year		1,295			1,295
At 31 January 2016		3,330			3,330
Net book value
At 31 January 2016		7,013			7,013
At 31 January 2015		3,219			3,219

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3