Abbreviated Company Accounts - SOUTHERN CORPORATE FINANCE LIMITED

SOUTHERN CORPORATE FINANCE LIMITED - Company Information

04535050 SOUTHERN CORPORATE FINANCE LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 04535050 2015-10-01 2016-09-30 04535050 2016-09-30 04535050 2015-09-30 04535050 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 04535050 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 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 04535050

SOUTHERN CORPORATE FINANCE LIMITED

Abbreviated Accounts

30 September 2016

SOUTHERN CORPORATE FINANCE LIMITED Registered Number 04535050

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,275	3,010
		2,275	3,010
Current assets
Debtors		225	3,530
Cash at bank and in hand		71,554	64,645
		71,779	68,175
Creditors: amounts falling due within one year		(49,569)	(54,818)
Net current assets (liabilities)		22,210	13,357
Total assets less current liabilities		24,485	16,367
Provisions for liabilities		(1,176)	(602)
Total net assets (liabilities)		23,309	15,765
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		23,209	15,665
Shareholders' funds		23,309	15,765

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 7 April 2017

And signed on their behalf by:
Mr Mark David Musselwhite, Director

SOUTHERN CORPORATE FINANCE LIMITED Registered Number 04535050

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

1Accounting Policies

Basis of measurement and preparation of accounts
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
The company's turnover represents the value, excluding VAT, of goods and services supplied to customers.

Tangible assets depreciation policy
Fixtures & Fittings - 20 % per annum of cost

2Tangible fixed assets

	£
Cost
At 1 October 2015	10,319
Additions	759
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	11,078
Depreciation
At 1 October 2015	7,309
Charge for the year	1,494
On disposals	-
At 30 September 2016	8,803
Net book values
At 30 September 2016	2,275
At 30 September 2015	3,010

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

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