SJ_BRICKWORK_LIMITED - Accounts

SJ BRICKWORK LIMITED - Company Information

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Company Registration No. 06664823 (England and Wales)

SJ BRICKWORK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2016

SJ BRICKWORK LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

SJ BRICKWORK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

29,046

38,729

29,046

38,729

Creditors: amounts falling due within one year

(148,452)

(102,065)

Total assets less current liabilities

(119,406)

(63,336)

Creditors: amounts falling due after more than one year

(66,199)

(86,295)

(185,605)

(149,631)

Capital and reserves

Called up share capital

Profit and loss account

(185,607)

(149,633)

Shareholders' funds

(185,605)

(149,631)

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

Director's 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 director acknowledges his 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 24 May 2017

J Wharton

Director

Company Registration No. 06664823

SJ BRICKWORK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 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

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.5

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or entity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

1.6

Going concern

The company continues to rely on the support of the bank and in the belief that such support will continue the director considers that the company remains a going concern.

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary A of £1 each

Transactions with directors

Included within other creditors is a directors loan account for J Wharton amounting to £35,081 (2015 - £2,282).

The loan bears no right to interest and has no set repayment terms.