SJP Interior Design Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05972311 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

SJP INTERIOR DESIGN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs S J Bailey

SECRETARY:

D G Pasley

REGISTERED OFFICE:

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

REGISTERED NUMBER:

05972311 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

2

10,136

8,800

CURRENT ASSETS

Stocks

27,500

25,000

Debtors

16,029

13,330

Cash at bank

5,547

19,887

49,076

58,217

CREDITORS

Amounts falling due within one year

59,203

69,984

NET CURRENT LIABILITIES

(10,127

)

(11,767

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9

(2,967

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

8

(2,968

)

SHAREHOLDERS' FUNDS

9

(2,967

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 July 2017 and were signed by:

Mrs S J Bailey - Director

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

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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 cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that

the director will continue to financially support the company.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

17,365

Additions

7,570

At 31 October 2016

24,935

DEPRECIATION

At 1 November 2015

8,565

Charge for year

6,234

At 31 October 2016

14,799

NET BOOK VALUE

At 31 October 2016

10,136

At 31 October 2015

8,800

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

1

Ordinary

£1

1