Abbreviated Company Accounts - SPB CUSTOM METALWORKS LIMITED

SPB CUSTOM METALWORKS LIMITED - Company Information

Registered Number 06650315

SPB CUSTOM METALWORKS LIMITED

Abbreviated Accounts

31 July 2016

SPB CUSTOM METALWORKS LIMITED Registered Number 06650315

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	4,800	5,200
Tangible assets	3	1,797	2,397
		6,597	7,597
Current assets
Stocks		2,111	5,222
Debtors		3,396	3,016
Cash at bank and in hand		8,756	622
		14,263	8,860
Creditors: amounts falling due within one year		(35,115)	(48,794)
Net current assets (liabilities)		(20,852)	(39,934)
Total assets less current liabilities		(14,255)	(32,337)
Total net assets (liabilities)		(14,255)	(32,337)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(14,355)	(32,437)
Shareholders' funds		(14,255)	(32,337)

For the year ending 31 July 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 April 2017

And signed on their behalf by:
S Boulton, Director

SPB CUSTOM METALWORKS LIMITED Registered Number 06650315

Notes to the Abbreviated Accounts for the period ended 31 July 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
Total UK Sales excluding VAT

Tangible assets depreciation policy
Plant & Machinery 25% reducing balance

Intangible assets amortisation policy
Goodwill written off over 20 years

2Intangible fixed assets

	£
Cost
At 1 August 2015	8,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	8,000
Amortisation
At 1 August 2015	2,800
Charge for the year	400
On disposals	-
At 31 July 2016	3,200
Net book values
At 31 July 2016	4,800
At 31 July 2015	5,200

3Tangible fixed assets

	£
Cost
At 1 August 2015	17,946
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	17,946
Depreciation
At 1 August 2015	15,549
Charge for the year	600
On disposals	-
At 31 July 2016	16,149
Net book values
At 31 July 2016	1,797
At 31 July 2015	2,397