Accounts filed on 31-03-2016


Registered number: 6167536






SAM Property Services Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/03/2016
























Prepared By:
PGS Accountancy Ltd
54
Ridgestone Avenue
Bilton
Yorkshire
HU11 4AJ


SAM Property Services Limited


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/03/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 6167536


Registered Number: 6167536

BALANCE SHEET AT 31/03/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		325,242		325,332

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	14,704		7,019
Cash at bank and in hand		5,782		6,854
		20,486		13,873
CREDITORS: Amounts falling due within one year		164,390		146,440
NET CURRENT LIABILITIES			(143,904)		(132,567)
TOTAL ASSETS LESS CURRENT LIABILITIES			181,338		192,765


CREDITORS: Amounts falling due after more than one year	4		157,216		168,106

NET ASSETS			24,122		24,659

CAPITAL AND RESERVES

Called up share capital	5		91		91
Revaluation reserve	1e,6		75,000		75,000
Profit and loss account			(50,969)		(50,432)
SHAREHOLDERS' FUNDS			24,122		24,659

For the year ending 31/03/2016 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 07/12/2016 and signed on their behalf by




Stephen John
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		20%




1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1e. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 6).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	5,178	2,760
VAT	8,276	3,009
Other debtors	1,250	1,250
	14,704	7,019




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Bank loans and overdrafts	157,216	168,106
	157,216	168,106




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
91 Ordinary shares of £1 each	91	91
	91	91