SEMICOM LTD


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Company Registration No. 08603648 (England and Wales)
SEMICOM LTD Abbreviated unaudited accounts for the year ended 31 July 2016
SEMICOM LTD Abbreviated Balance Sheet as at 31 July 2016
2016 
Notes
£ 
Current assets
Stocks
7,052 
Debtors
387 
Cash at bank and in hand
13,822 
21,261 
Creditors: amounts falling due within one year
(18,690)
Net current assets
2,571 
Net assets
2,571 
Capital and reserves
Called up share capital
100 
Capital redemption reserve
(4,303)
Profit and loss account
6,774 
Total shareholders' funds
2,571 
For the year ending 31 July 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 25 April 2017
UGIS BALTINS Director Company Registration No. 08603648
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SEMICOM LTD Notes to the Abbreviated Accounts for the year ended 31 July 2016
1
Accounting policies
Basis of preparation
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
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2
Share capital
2016 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
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