Abbreviated Company Accounts - STAFFORD & CO. LTD.

Abbreviated Company Accounts - STAFFORD & CO. LTD.

STAFFORD & CO. LTD. - Company Information

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Registered Number 04227200

STAFFORD & CO. LTD.

Abbreviated Accounts

31 August 2016

STAFFORD & CO. LTD. Registered Number 04227200

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 300,000 340,000
Tangible assets 3 2,508 2,690
302,508 342,690
Current assets
Cash at bank and in hand 100,478 53,757
100,478 53,757
Creditors: amounts falling due within one year (273,866) (341,737)
Net current assets (liabilities) (173,388) (287,980)
Total assets less current liabilities 129,120 54,710
Total net assets (liabilities) 129,120 54,710
Capital and reserves
Called up share capital 100 100
Profit and loss account 129,020 54,610
Shareholders' funds 129,120 54,710
  • 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.

Approved by the Board on 24 May 2017

And signed on their behalf by:
P M Stafford, Director
M A Stafford, Director

STAFFORD & CO. LTD. Registered Number 04227200

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents net invoiced sales of services. The company is not registered for VAT.

2Intangible fixed assets
£
Cost
At 1 September 2015 400,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 400,000
Amortisation
At 1 September 2015 60,000
Charge for the year 40,000
On disposals -
At 31 August 2016 100,000
Net book values
At 31 August 2016 300,000
At 31 August 2015 340,000
3Tangible fixed assets
£
Cost
At 1 September 2015 6,353
Additions 656
Disposals -
Revaluations -
Transfers -
At 31 August 2016 7,009
Depreciation
At 1 September 2015 3,663
Charge for the year 838
On disposals -
At 31 August 2016 4,501
Net book values
At 31 August 2016 2,508
At 31 August 2015 2,690