Company Registration No. 8124602 (England and Wales)
South Coast Windows Limited
Abbreviated unaudited accounts
for the year ended 30 June 2016
South Coast Windows Limited
Abbreviated Balance Sheet
as at 30 June 2016
Tangible assets
22,780
945
Cash at bank and in hand
(8,253)
2,815
Creditors: amounts falling due within one year
(119,843)
(18,566)
Net current liabilities
(3,475)
(135)
Total assets less current liabilities
19,305
810
Creditors: amounts falling due after more than one year
(13,820)
-
Provisions for liabilities
-
(15)
Called up share capital
100
100
Profit and loss account
5,385
695
Total shareholders' funds
5,485
795
For the year ending 30 June 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 29 March 2017
Keith Middleton
Director
Company Registration No. 8124602
South Coast Windows Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the VAT-exclusive value of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
small tools are written-off as purchased with a residual holding balance of £2,600
Motor vehicles
25% annual reducing balance
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
