Abbreviated Company Accounts - STANSFIELD STEEL LIMITED

STANSFIELD STEEL LIMITED - Company Information

04007100 STANSFIELD STEEL LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 04007100 2015-07-01 2016-06-30 04007100 2016-06-30 04007100 2015-06-30 04007100 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 04007100 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 iso4217:GBP shares

Registered Number 04007100

STANSFIELD STEEL LIMITED

Abbreviated Accounts

30 June 2016

STANSFIELD STEEL LIMITED Registered Number 04007100

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,194	1,057
		1,194	1,057
Current assets
Debtors		13,152	14,735
Cash at bank and in hand		27,763	17,255
		40,915	31,990
Creditors: amounts falling due within one year		(26,091)	(21,623)
Net current assets (liabilities)		14,824	10,367
Total assets less current liabilities		16,018	11,424
Total net assets (liabilities)		16,018	11,424
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		15,918	11,324
Shareholders' funds		16,018	11,424

For the year ending 30 June 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 14 March 2017

And signed on their behalf by:
C Steel, Director

STANSFIELD STEEL LIMITED Registered Number 04007100

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
1.1. The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
1.2. Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling due within the company's ordinary activities.

Tangible assets depreciation policy
1.3. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 15% Reducing balance

Other accounting policies
1.4. Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.5. Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees’ service lives.

2Tangible fixed assets

	£
Cost
At 1 July 2015	9,877
Additions	733
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	10,610
Depreciation
At 1 July 2015	8,820
Charge for the year	596
On disposals	-
At 30 June 2016	9,416
Net book values
At 30 June 2016	1,194
At 30 June 2015	1,057

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100
100 Ordinary Equity shares of £1 each	100	100