Silverdrink Limited - Accounts to registrar - small 17.1
Silverdrink Limited - Accounts to registrar - small 17.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 July 2016 |
| for |
| Silverdrink Limited |
| Silverdrink Limited (Registered number: 05876025) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2016 |
| Page |
| Company Information | 1 |
| Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| Silverdrink Limited |
| Company Information |
| for the Year Ended 31 July 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Silverdrink Limited (Registered number: 05876025) |
| Profit and Loss Account |
| for the Year Ended 31 July 2016 |
| 31.7.16 | 31.7.15 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING (LOSS)/PROFIT | 2 | ( |
) |
| Interest receivable and similar income |
| (18,509 | ) | 10,214 |
| Interest payable and similar charges |
| (LOSS)/PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
( |
) |
| Tax on (loss)/profit on ordinary activities | 3 | ( |
) |
| (LOSS)/PROFIT FOR THE FINANCIAL YEAR |
( |
) |
| Retained profit brought forward |
| (15,711 | ) | 8,313 |
| Dividends | 4 | ( |
) |
| (DEFICIT)/RETAINED PROFIT CARRIED FORWARD |
( |
) |
| Silverdrink Limited (Registered number: 05876025) |
| Balance Sheet |
| 31 July 2016 |
| 31.7.16 | 31.7.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| Silverdrink Limited (Registered number: 05876025) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2016 |
| 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. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. | OPERATING (LOSS)/PROFIT |
| The operating loss (2015 - operating profit) is stated after charging: |
| 31.7.16 | 31.7.15 |
| £ | £ |
| Depreciation - owned assets |
| Directors' remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax (credit)/charge |
| The tax (credit)/charge on the loss on ordinary activities for the year was as follows: |
| 31.7.16 | 31.7.15 |
| £ | £ |
| Current tax: |
| UK corporation tax | ( |
) |
| Tax on (loss)/profit on ordinary activities | ( |
) |
| 4. | DIVIDENDS |
| 31.7.16 | 31.7.15 |
| £ | £ |
| Final | - | 7,500 |
| Silverdrink Limited (Registered number: 05876025) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2016 |
| 5. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 August 2015 |
| and 31 July 2016 |
| NET BOOK VALUE |
| At 31 July 2016 |
| At 31 July 2015 |
| 6. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2015 |
| and 31 July 2016 |
| DEPRECIATION |
| At 1 August 2015 |
| Charge for year |
| At 31 July 2016 |
| NET BOOK VALUE |
| At 31 July 2016 |
| At 31 July 2015 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.16 | 31.7.15 |
| £ | £ |
| Other debtors | 15,000 | 15,000 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.16 | 31.7.15 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.7.16 | 31.7.15 |
| value: | £ | £ |
| Ordinary | £1 |