Stanford Corporate Services Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08959727 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2016

FOR

STANFORD CORPORATE SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R J Hewitt

Mr A G Hayward-Wright

REGISTERED OFFICE:

C/O Garth

Beach Road

Benllech

Isle of Anglesey

LL74 8SW

REGISTERED NUMBER:

08959727 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

2

645,523

-

CURRENT ASSETS

Debtors

-

1

Cash at bank

167,015

-

167,015

1

CREDITORS

Amounts falling due within one year

791,752

-

NET CURRENT (LIABILITIES)/ASSETS

(624,737

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

20,786

1

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

20,785

-

SHAREHOLDERS' FUNDS

20,786

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22nd December 2016 and were signed on its
behalf by:

Mr A G Hayward-Wright - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Livestock

-

10% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

716,979

Disposals

(50,000

)

At 31st March 2016

666,979

DEPRECIATION

Charge for year

21,456

At 31st March 2016

21,456

NET BOOK VALUE

At 31st March 2016

645,523

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

1

Share capital 1

1