S & N MARINE LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 08532238 (England and Wales)

S & N MARINE LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Clinton

REGISTERED OFFICE:

26 Hamhaugh Island

Shepperton

Middlesex

TW17 9LP

REGISTERED NUMBER:

08532238 (England and Wales)

ACCOUNTANT:

DICKER ECONOMOU & CO

Chartered Certified Accountants

Enterprise House

2 The Crest

Hendon

London

NW4 2HN

FIXED ASSETS

Tangible assets

2

597

575

CURRENT ASSETS

Debtors

108,645

29,430

Cash at bank

39,253

137,236

147,898

166,666

CREDITORS

Amounts falling due within one year

9,016

32,462

NET CURRENT ASSETS

138,882

134,204

TOTAL ASSETS LESS CURRENT
LIABILITIES

139,479

134,779

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

139,478

134,778

SHAREHOLDERS' FUNDS

139,479

134,779

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

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

The director acknowledges his 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 director on 10 February 2017 and were signed by:

D Clinton - 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 services, 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.

Fixtures, fittings & equipment

-

33% on reducing balance

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

1,280

Additions

316

At 31 May 2016

1,596

DEPRECIATION

At 1 June 2015

705

Charge for year

294

At 31 May 2016

999

NET BOOK VALUE

At 31 May 2016

597

At 31 May 2015

575

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1

Ordinary

1