Accounts Submission

Accounts Submission

S P FORD & CO. LIMITED - Company Information

Print Friendly Version

S P FORD & CO. LIMITED

Company Registration Number:
08194716 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 September 2015

End date: 31 August 2016

S P FORD & CO. LIMITED

Abbreviated Balance sheet

As at 31 August 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 1,988 1,011
Total fixed assets: 1,988 1,011
Current assets
Stocks: 10,720 10,720
Debtors: 3 400 12,199
Cash at bank and in hand: 76,486 93,023
Total current assets: 87,606 115,942
Creditors: amounts falling due within one year: 4 ( 16,784 ) ( 24,014 )
Net current assets (liabilities): 70,822 91,928
Total assets less current liabilities: 72,810 92,939
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 72,810 92,939

The notes form part of these financial statements

S P FORD & CO. LIMITED

Balance sheet continued

As at 31 August 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 2 2
Revaluation reserve: 0 0
Profit and loss account: 72,808 92,937
Shareholders funds: 72,810 92,939

For the year ending 31 August 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.

The financial statements were approved by the Board of Directors on 09 May 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Steven Ford
Status: Director

The notes form part of these financial statements

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost and in accordance with the Financial Reporting Standard for Smaller Entities.

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the Company in respect of services supplied during the period, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Computer and Office Equipment - 25% on cost

    Intangible fixed assets amortisation policy

    N/A

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 2. Tangible assets

    Total
    Cost £
    01 September 2015: 2,285
    Additions: 1,639
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 August 2016: 3,924
    Depreciation
    01 September 2015: 1,274
    Charge for year: 662
    On disposals: 0
    Other adjustments: 0
    31 August 2016: 1,936
    Net book value
    31 August 2016: 1,988
    31 August 2015: 1,011

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 400 2,199
    Prepayments and accrued income: 0 0
    Other debtors: 0 10,000
    Total: 400 12,199

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 0 0
    Amounts due under finance leases and hire purchase contracts: 0 0
    Trade creditors: 0 0
    Taxation and social security: 16,784 24,014
    Accruals and deferred income: 0 0
    Other creditors: 0 0
    Total: 16,784 24,014

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0.00 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0.00 0
    Total share capital (£): 2

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 6. Related party disclosures

    Name of the ultimate controlling party during the period: Steven Peter Ford
    Name of related party: Steven Peter Ford
    Relationship: Director and Shareholder
    Description of the transaction Director's Loan Account
    Balance at 01 September 2015 10,000
    Balance at 31 August 2016 0

S P FORD & CO. LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2016

  • 7. Transactions with directors

    Name of director receiving advance or credit Steven Ford
    Description of the transaction Director's Loan Account
    Balance at 01 September 2015 10,000
    Advances or credits repaid 10,000
    Balance at 31 August 2016 0