Sutton Services International Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02630803

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

SUTTON SERVICES INTERNATIONAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Kilgour

W J McCluskey

P M Rowledge

C McCluskey

A J Lawlor

C Johnston

M Smith

REGISTERED OFFICE:

Unit 8 Mercury Orion Way

Orion Business Park

North Shields

Tyne and Wear

NE29 7SN

REGISTERED NUMBER:

02630803

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

17 Hart Street

Maidstone

Kent

ME16 8RA

FIXED ASSETS

Tangible assets

2

19,159

26,977

Investments

3

-

19,159

26,977

CURRENT ASSETS

Debtors

762,404

1,179,308

Cash at bank and in hand

78,156

95,868

840,560

1,275,176

CREDITORS

Amounts falling due within one year

347,829

640,766

NET CURRENT ASSETS

492,731

634,410

TOTAL ASSETS LESS CURRENT
LIABILITIES

511,890

661,387

CREDITORS

Amounts falling due after more than one
year

96,693

241,733

NET ASSETS

415,197

419,654

CAPITAL AND RESERVES

Called up share capital

4

60,000

Share premium

2,000

Capital redemption reserve

2,000

Profit and loss account

351,197

355,654

SHAREHOLDERS' FUNDS

415,197

419,654

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 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 24 February 2017 and were signed on its behalf
by:

W J McCluskey - 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 is for the total amount receivable for goods supplied and services provided, excluding Value Added

Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done

in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and

contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets

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

Improvements to property

-

20% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Computer equipment

-

33% 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 where transactions or events have occurred at that date that will result in an obligation to pay

more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not

that there will be suitable profits from which future reversal of the underlying timing differences can be deducted.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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

114,672

Additions

4,010

At 31 May 2016

118,682

DEPRECIATION

At 1 June 2015

87,695

Charge for year

11,828

At 31 May 2016

99,523

NET BOOK VALUE

At 31 May 2016

19,159

At 31 May 2015

26,977

3.	FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Sutton Services International Limited have a 49% shareholding in Bin Omeir Sutton LLC of the United Arab

Emirates. The cost of these shares were £NIL and these shares do not have a market value. The associated

company had ceased to trade at the year end date.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

60,000

Ordinary

1

60,000

5.	ULTIMATE PARENT COMPANY

RKM CAPITAL LIMITED is regarded by the directors as being the company's ultimate parent company.