SIRIUS_BLAST_SERVICES_LIM - Accounts

SIRIUS BLAST SERVICES LIMITED - Company Information

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Company Registration No. 07751515 (England and Wales)

SIRIUS BLAST SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2016

SIRIUS BLAST SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

SIRIUS BLAST SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

4,410

5,880

Current assets

Stocks

180

269

Debtors

2,784

1,697

Cash at bank and in hand

3,892

9,443

6,856

11,409

Creditors: amounts falling due within one year

(11,912)

(16,354)

Net current liabilities

(5,056)

(4,945)

Total assets less current liabilities

(646)

935

Capital and reserves

Called up share capital

100

Profit and loss account

(746)

835

Shareholders' funds

(646)

935

For the financial year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 6 April 2017

Mrs G M Harman

Director

Company Registration No. 07751515

SIRIUS BLAST SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% on reducing balance

Motor vehicles

25% on reducing balance

1.5

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

1.6

Stocks

Stock is valued at the lower of cost and net realisable value.

SIRIUS BLAST SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 November 2015 & at 31 October 2016

15,221

Depreciation

At 1 November 2015

9,341

Charge for the year

1,470

At 31 October 2016

10,811

Net book value

At 31 October 2016

4,410

At 31 October 2015

5,880

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100