Abbreviated Company Accounts - TWENTY-SEVEN ENTERPRISES LIMITED

TWENTY-SEVEN ENTERPRISES LIMITED - Company Information

SC458480 TWENTY-SEVEN ENTERPRISES LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true SC458480 2015-10-01 2016-09-30 SC458480 2016-09-30 SC458480 2015-09-30 SC458480 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 SC458480 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number SC458480

TWENTY-SEVEN ENTERPRISES LIMITED

Abbreviated Accounts

30 September 2016

TWENTY-SEVEN ENTERPRISES LIMITED Registered Number SC458480

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	60,223	36,916
		60,223	36,916
Current assets
Stocks		64,688	34,221
Debtors		19,924	8,654
Cash at bank and in hand		37,461	10,547
		122,073	53,422
Prepayments and accrued income		168	1,176
Creditors: amounts falling due within one year		(77,627)	(51,010)
Net current assets (liabilities)		44,614	3,588
Total assets less current liabilities		104,837	40,504
Creditors: amounts falling due after more than one year		(6,164)	(10,057)
Total net assets (liabilities)		98,673	30,447
Capital and reserves
Called up share capital	3	12	12
Profit and loss account		98,661	30,435
Shareholders' funds		98,673	30,447

For the year ending 30 September 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 29 June 2017

And signed on their behalf by:
Mrs Emma J Tulloch, Director

TWENTY-SEVEN ENTERPRISES LIMITED Registered Number SC458480

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents net invoiced sales of goods excluding VAT.

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

Computer equipment 25%
Fixtures & fittings 15%
Plant & machinery 20%

Other accounting policies
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items

2Tangible fixed assets

	£
Cost
At 1 October 2015	42,078
Additions	33,591
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	75,669
Depreciation
At 1 October 2015	5,162
Charge for the year	10,284
On disposals	-
At 30 September 2016	15,446
Net book values
At 30 September 2016	60,223
At 30 September 2015	36,916

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
12 Ordinary shares of £1 each	12	12