Sutcom Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09362316 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

SUTCOM 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

SECRETARY:

W J McCluskey

REGISTERED OFFICE:

Unit 8 Mercury Orion Way

Orion Business Park

North Shields

Tyne and Wear

NE29 7SN

REGISTERED NUMBER:

09362316 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

17 Hart Street

Maidstone

Kent

ME16 8RA

FIXED ASSETS

Tangible assets

2

7,441

7,500

CURRENT ASSETS

Debtors

379,910

118,525

Cash at bank

80,621

1,907

460,531

120,432

CREDITORS

Amounts falling due within one year

401,527

117,603

NET CURRENT ASSETS

59,004

2,829

TOTAL ASSETS LESS CURRENT
LIABILITIES

66,445

10,329

PROVISIONS FOR LIABILITIES

1,488

-

NET ASSETS

64,957

10,329

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

64,956

10,328

SHAREHOLDERS' FUNDS

64,957

10,329

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

10,000

Additions

2,422

At 31 May 2016

12,422

DEPRECIATION

At 1 June 2015

2,500

Charge for year

2,481

At 31 May 2016

4,981

NET BOOK VALUE

At 31 May 2016

7,441

At 31 May 2015

7,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

300

Ordinary

0.333

p

1