Sabrefix (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08124899 (England and Wales)

Abbreviated Accounts for the Year Ended 30 June 2016

for

Sabrefix (Uk) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Director:

G P Tweed

Secretary:

G Tweed

Registered office:

Threxton Road Ind Est

Watton

Thetford

Norfolk

IP25 6NG

Registered number:

08124899 (England and Wales)

Accountants:

AVN Arena Limited

Chartered Accountant

Westgate House

42 Chapel Street

Kings Lynn

Norfolk

PE30 1EF

Fixed assets

Tangible assets

2

354,490

434,289

Current assets

Stocks

151,000

Debtors

3

751,279

593,626

Cash at bank and in hand

45,054

102,800

947,333

847,426

Creditors

Amounts falling due within one
year

897,130

1,046,398

Net current assets/(liabilities)

50,203

(198,972

)

Total assets less current
liabilities

404,693

235,317

Creditors

Amounts falling due after more
than one year

(9,040

)

(9,040

)

Provisions for liabilities

(61,249

)

(61,249

)

Net assets

334,404

165,028

Capital and reserves

Called up share capital

4

1

Profit and loss account

334,403

165,027

Shareholders' funds

334,404

165,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 March 2017 and were signed by:

G P Tweed - 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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

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 July 2015

1,250,845

Additions

67,421

Disposals

(75,000

)

At 30 June 2016

1,243,266

DEPRECIATION

At 1 July 2015

816,556

Charge for year

72,220

At 30 June 2016

888,776

NET BOOK VALUE

At 30 June 2016

354,490

At 30 June 2015

434,289

3.

Debtors: amounts falling due after more than one year

4.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary Shares of £1 each

1