Smallgiants Ltd - Accounts to registrar - small 17.1

Smallgiants Ltd - Accounts to registrar - small 17.1

SMALLGIANTS LTD - Company Information

Print Friendly Version

07219028 1.10.15 30.9.16 30.9.16 Company accounts Private Limited Company FY true false false true true false true false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure072190282015-09-30072190282016-09-30072190282015-10-012016-09-30072190282014-09-30072190282014-10-012015-09-30072190282015-09-3007219028ns14:PoundSterling2015-10-012016-09-3007219028ns7:Director12015-10-012016-09-3007219028ns7:OrdinaryShareClass12015-10-012016-09-3007219028ns7:OrdinaryShareClass22015-10-012016-09-3007219028ns7:Director22015-10-012016-09-3007219028ns7:Director32015-10-012016-09-3007219028ns7:RegisteredOffice2015-10-012016-09-3007219028ns7:EntityAccountantsOrAuditors2015-10-012016-09-3007219028ns5:PlantMachinery2015-09-3007219028ns5:PlantMachinery2015-10-012016-09-3007219028ns5:PlantMachinery2016-09-3007219028ns5:PlantMachinery2015-09-3007219028ns7:OrdinaryShareClass12016-09-3007219028ns7:OrdinaryShareClass12015-09-3007219028ns7:OrdinaryShareClass22016-09-3007219028ns7:OrdinaryShareClass22015-09-3007219028ns7:Director12015-09-3007219028ns7:Director12014-09-3007219028ns7:Director12014-10-012015-09-3007219028ns7:Director12016-09-3007219028ns7:Director12015-09-30








SMALLGIANTS LTD

Unaudited Financial Statements

for the Year Ended 30 September 2016






SMALLGIANTS LTD (REGISTERED NUMBER: 07219028)

Contents of the Financial Statements
for the Year Ended 30 September 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SMALLGIANTS LTD

Company Information
for the Year Ended 30 September 2016







DIRECTORS: N A Brookes
A S Large
M Shaw





REGISTERED OFFICE: 88 Hill Village Road
Sutton Coldfield
West Midlands
B75 5BE





REGISTERED NUMBER: 07219028





ACCOUNTANTS: Haslehursts Limited
88 Hill Village Road
Sutton Coldfield
West Midlands
B75 5BE
Page 1
SMALLGIANTS LTD (REGISTERED NUMBER: 07219028)

Balance Sheet
30 September 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 2 - 456

CURRENT ASSETS
Debtors 3 1,704 793
Cash at bank 81 11,869
1,785 12,662
CREDITORS
Amounts falling due within one year 4 (1,412 ) (6,819 )
NET CURRENT ASSETS 373 5,843
TOTAL ASSETS LESS CURRENT
LIABILITIES
373
6,299

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 6 273 6,199
SHAREHOLDERS' FUNDS 373 6,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 June 2017 and were signed on its
behalf by:





M Shaw - Director


The notes form part of these financial statements

Page 2
SMALLGIANTS LTD (REGISTERED NUMBER: 07219028)

Notes to the Financial Statements
for the Year Ended 30 September 2016


1. ACCOUNTING POLICIES

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

Turnover
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.

Computer Equipment- 33.33% straight line

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


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

2. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2015
and 30 September 2016 1,366
DEPRECIATION
At 1 October 2015 910
Charge for year 456
At 30 September 2016 1,366
NET BOOK VALUE
At 30 September 2016 -
At 30 September 2015 456

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 1 (2 )
Other debtors 1,703 795
1,704 793

Page 3 continued...
SMALLGIANTS LTD (REGISTERED NUMBER: 07219028)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2016


4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Taxation and social security 512 961
Other creditors 900 5,858
1,412 6,819

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
51 Ordinary A £1 51 51
49 Ordinary B £1 49 49
100 100

6. RESERVES
Profit
and loss
account
£   

At 1 October 2015 6,199
Deficit for the year (1,226 )
Dividends (4,700 )
At 30 September 2016 273

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2016
and 30 September 2015:

2016 2015
£    £   
M Shaw
Balance outstanding at start of year - -
Amounts advanced 1,703 -
Amounts repaid - -
Balance outstanding at end of year 1,703 -

8. RELATED PARTY DISCLOSURES

During the year, dividends of £4,700 (2015: £Nil) were paid to holders of the Ordinary A shares.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

Page 4