Standard Group Limited - Abbreviated accounts 16.3

Standard Group Limited - Abbreviated accounts 16.3

STANDARD GROUP LIMITED - Company Information

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REGISTERED NUMBER: 05793925 (England and Wales)
























STANDARD GROUP LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016






STANDARD GROUP LIMITED (REGISTERED NUMBER: 05793925)

CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 31 July 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

STANDARD GROUP LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2016







DIRECTORS: I R M Holliday
K Malyon





SECRETARY: I R M Holliday





REGISTERED OFFICE: 10 Garrard Way
Telford Way South
Kettering
Northamptonshire
NN16 8TD





REGISTERED NUMBER: 05793925 (England and Wales)





ACCOUNTANTS: Haines Watts Northamptonshire Limited
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP
Page 1
STANDARD GROUP LIMITED (REGISTERED NUMBER: 05793925)

ABBREVIATED BALANCE SHEET
31 July 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Investments 2 760,506 760,606

CURRENT ASSETS
Debtors - 3,353
Cash at bank 3,013 58
3,013 3,411
CREDITORS
Amounts falling due within one year 688,519 689,017
NET CURRENT LIABILITIES (685,506 ) (685,606 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
75,000
75,000

CAPITAL AND RESERVES
Called up share capital 3 50,000 50,000
Capital redemption reserve 25,000 25,000
SHAREHOLDERS' FUNDS 75,000 75,000

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 March 2017 and were signed on its behalf by:





I R M Holliday - Director


The notes form part of these abbreviated accounts

Page 2
STANDARD GROUP LIMITED (REGISTERED NUMBER: 05793925)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 31 July 2016


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).

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

2. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 August 2015 760,606
Disposals (100 )
At 31 July 2016 760,506
NET BOOK VALUE
At 31 July 2016 760,506
At 31 July 2015 760,606

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

Standard Engineering Limited
Nature of business: Manufacture of shoe repairing machinery.
%
Class of shares: holding
Ordinary 100.00
2016 2015
£    £   
Aggregate capital and reserves 793,332 705,219
Profit for the year 259,199 180,910

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
50,000 Ordinary £1 50,000 50,000

4. ULTIMATE CONTROLLING PARTY

During the year ultimate control has been exercised by the company's directors by virtue of them owning 100%
of the issued share capital of the company.

Page 3