Company Registration No. 09789747 (England and Wales)
Southend 317 Limited
Abbreviated unaudited accounts
for the period from 22 September 2015 to 30 September 2016
Southend 317 Limited
Abbreviated Balance Sheet
as at 30 September 2016
Creditors: amounts falling due within one year
(400,686)
Net current liabilities
(347,425)
Total assets less current liabilities
285,977
Creditors: amounts falling due after more than one year
(317,960)
Profit and loss account
(31,984)
Total shareholders' funds
(31,983)
For the period ending 30 September 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 22 June 2017
Yisroel Kohn
Director
Company Registration No. 09789747
Southend 317 Limited
Notes to the Abbreviated Accounts
for the period from 22 September 2015 to 30 September 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance.
In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or amortisation is provided in respect of freehold investment properties nor on leasehold investment properties having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act 2006, for all properties to be depreciated, is necessary, as the director considers that this accounting policy results in the financial statements giving true and fair view.
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.
At 30 September 2016
633,575
At 30 September 2016
633,402
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
