Abbreviated Company Accounts - SNEDDEN ENGINEERING SURVEYS LIMITED

SNEDDEN ENGINEERING SURVEYS LIMITED - Company Information

SC210571 SNEDDEN ENGINEERING SURVEYS LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true SC210571 2015-10-01 2016-09-30 SC210571 2016-09-30 SC210571 2015-09-30 SC210571 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 SC210571 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2016-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number SC210571

SNEDDEN ENGINEERING SURVEYS LIMITED

Abbreviated Accounts

30 September 2016

SNEDDEN ENGINEERING SURVEYS LIMITED Registered Number SC210571

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	57,622	53,748
		57,622	53,748
Current assets
Debtors		126,419	74,559
Cash at bank and in hand		1,777	473
		128,196	75,032
Creditors: amounts falling due within one year	3	(110,070)	(107,120)
Net current assets (liabilities)		18,126	(32,088)
Total assets less current liabilities		75,748	21,660
Creditors: amounts falling due after more than one year	3	(20,853)	(21,026)
Provisions for liabilities		(10,000)	-
Total net assets (liabilities)		44,895	634
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		44,795	534
Shareholders' funds		44,895	634

For the year ending 30 September 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 30 March 2017

And signed on their behalf by:
Q F Snedden, Director

SNEDDEN ENGINEERING SURVEYS LIMITED Registered Number SC210571

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of services, excluding value added tax.

An invoice factoring agreement has been entered into by the company in respect of its sales invoices. The value of invoices unpaid at the year end is included in debtors and the excess of the advances made by the factor to the company and its relevant charges over payments received in respect of the invoices is included in creditors. The relevant charges in respect of the operation of the agreement are charged to profit and loss as incurred.

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

Plant and machinery etc - 25% on reducing balance and 20% on cost

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

2Tangible fixed assets

	£
Cost
At 1 October 2015	167,689
Additions	23,821
Disposals	(11,140)
Revaluations	-
Transfers	-
At 30 September 2016	180,370
Depreciation
At 1 October 2015	113,941
Charge for the year	18,419
On disposals	(9,612)
At 30 September 2016	122,748
Net book values
At 30 September 2016	57,622
At 30 September 2015	53,748

3Creditors

	2016 £	2015 £
Secured Debts	88,883	82,411

4Called Up Share Capital
Allotted, called up and fully paid:

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

ULTIMATE CONTROLLING PARTY

The company is controlled by QF Snedden, director.

5Transactions with directors

Name of director receiving advance or credit:	QF and EB Snedden
Description of the transaction:	Advances and credits
Balance at 1 October 2015:	£ 26,434
Advances or credits made:	£ 62,941
Advances or credits repaid:	£ 26,164
Balance at 30 September 2016:	£ 63,211