S & G FASTENERS

S & G FASTENERS LIMITED - Company Information

true 1 November 2015 31 October 2016 31 October 2016 true false 05578281 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05578281 2015-10-31 05578281 2016-10-31 05578281 2015-11-01 2016-10-31 05578281 uk-gaap:RestatedAmount 2015-10-31 05578281 uk-gaap:RestatedAmount 2016-10-31 05578281 uk-gaap:NetGoodwill 2015-10-31 05578281 uk-gaap:NetGoodwill 2016-10-31 05578281 uk-gaap:NetGoodwill 2015-11-01 2016-10-31 05578281 uk-gaap:OtherIntangibleFixedAssets 2015-11-01 2016-10-31 05578281 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-10-31 05578281 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-10-31 05578281 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-11-01 2016-10-31 05578281 uk-gaap:DevelopmentCosts 2015-10-31 05578281 uk-gaap:DevelopmentCosts 2016-10-31 05578281 uk-gaap:DevelopmentCosts 2015-11-01 2016-10-31 05578281 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-10-31 05578281 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-11-01 2016-10-31 05578281 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-10-31 05578281 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-11-01 2016-10-31 05578281 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-10-31 05578281 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2016-10-31 05578281 uk-gaap:PlantMachinery 2015-11-01 2016-10-31 05578281 uk-gaap:PlantMachinery 2015-10-31 05578281 uk-gaap:PlantMachinery 2016-10-31 05578281 uk-gaap:Vehicles 2015-11-01 2016-10-31 05578281 uk-gaap:Vehicles 2015-10-31 05578281 uk-gaap:Vehicles 2016-10-31 05578281 uk-gaap:FixturesFittings 2015-11-01 2016-10-31 05578281 uk-gaap:FixturesFittings 2015-10-31 05578281 uk-gaap:FixturesFittings 2016-10-31 05578281 uk-gaap:ComputerEquipment 2015-11-01 2016-10-31 05578281 uk-gaap:ComputerEquipment 2015-10-31 05578281 uk-gaap:ComputerEquipment 2016-10-31 05578281 uk-gaap:SharesListedFixedAssetInvestments 2015-10-31 05578281 uk-gaap:SharesListedFixedAssetInvestments 2015-11-01 2016-10-31 05578281 uk-gaap:SharesListedFixedAssetInvestments 2016-10-31 05578281 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-10-31 05578281 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-11-01 2016-10-31 05578281 uk-gaap:SharesUnlistedFixedAssetInvestments 2016-10-31 05578281 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-10-31 05578281 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-11-01 2016-10-31 05578281 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2016-10-31 05578281 uk-gaap:ProvisionsForBadDebts 2015-10-31 05578281 uk-gaap:ProvisionsForBadDebts 2015-11-01 2016-10-31 05578281 uk-gaap:ProvisionsForBadDebts 2016-10-31 05578281 uk-gaap:ProvisionsForDeferredTaxation 2015-10-31 05578281 uk-gaap:ProvisionsForDeferredTaxation 2015-11-01 2016-10-31 05578281 uk-gaap:ProvisionsForDeferredTaxation 2016-10-31 05578281 uk-gaap:OtherProvisions 2015-10-31 05578281 uk-gaap:OtherProvisions 2015-11-01 2016-10-31 05578281 uk-gaap:OtherProvisions 2016-10-31 05578281 uk-gaap:WithinOneYear 2015-10-31 05578281 uk-gaap:WithinOneYear 2015-11-01 2016-10-31 05578281 uk-gaap:WithinOneYear 2016-10-31 05578281 uk-gaap:AfterOneYear 2015-10-31 05578281 uk-gaap:AfterOneYear 2015-11-01 2016-10-31 05578281 uk-gaap:AfterOneYear 2016-10-31 05578281 uk-bus:AllOrdinaryShares 2016-10-31 05578281 uk-bus:AllOrdinaryShares 2015-10-31 05578281 uk-bus:OrdinaryShareClass1 2016-10-31 05578281 uk-bus:OrdinaryShareClass2 2016-10-31 05578281 uk-bus:OrdinaryShareClass3 2016-10-31 05578281 uk-bus:OrdinaryShareClass4 2016-10-31 05578281 uk-bus:OrdinaryShareClass5 2016-10-31 05578281 uk-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 05578281 uk-bus:OrdinaryShareClass2 2015-11-01 2016-10-31 05578281 uk-bus:OrdinaryShareClass3 2015-11-01 2016-10-31 05578281 uk-bus:OrdinaryShareClass4 2015-11-01 2016-10-31 05578281 uk-bus:OrdinaryShareClass5 2015-11-01 2016-10-31 05578281 uk-bus:PreferenceShareClass1 2016-10-31 05578281 uk-bus:PreferenceShareClass2 2016-10-31 05578281 uk-bus:PreferenceShareClass3 2016-10-31 05578281 uk-bus:PreferenceShareClass4 2016-10-31 05578281 uk-bus:PreferenceShareClass5 2016-10-31 05578281 uk-bus:PreferenceShareClass1 2015-11-01 2016-10-31 05578281 uk-bus:PreferenceShareClass2 2015-11-01 2016-10-31 05578281 uk-bus:PreferenceShareClass3 2015-11-01 2016-10-31 05578281 uk-bus:PreferenceShareClass4 2015-11-01 2016-10-31 05578281 uk-bus:PreferenceShareClass5 2015-11-01 2016-10-31 05578281 uk-bus:CompanySecretary 2015-11-01 2016-10-31 05578281 uk-bus:RegisteredOffice 2015-11-01 2016-10-31 05578281 uk-bus:EntityAccountantsOrAuditors 2015-11-01 2016-10-31 05578281 uk-bus:EntityAccountantsOrAuditors 2016-10-31 05578281 uk-bus:MainBusiness 2015-11-01 2016-10-31 05578281 uk-bus:EntityBankers 2015-11-01 2016-10-31 05578281 uk-bus:EntityLawyersOrLegalAdvisers 2015-11-01 2016-10-31 05578281 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-11-01 2016-10-31 05578281 uk-bus:HighestPaidDirector 2015-11-01 2016-10-31 05578281 uk-bus:HighestPaidDirector 2016-10-31 05578281 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-11-01 2016-10-31 05578281 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-11-01 2016-10-31 05578281 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-11-01 2016-10-31 05578281 uk-bus:AllEntityOfficers 2015-11-01 2016-10-31 05578281 uk-gaap:InvestmentProperties 2015-10-31 05578281 uk-gaap:InvestmentProperties 2015-11-01 2016-10-31 05578281 uk-gaap:InvestmentProperties 2016-10-31 05578281 uk-gaap:IntellectualProperty 2015-11-01 2016-10-31 05578281 uk-gaap:IntellectualProperty 2015-10-31 05578281 uk-gaap:IntellectualProperty 2016-10-31 05578281 uk-countries:UnitedKingdom 2015-11-01 2016-10-31 05578281 uk-countries:Europe 2015-11-01 2016-10-31 05578281 uk-countries:NorthAmerica 2015-11-01 2016-10-31 05578281 uk-countries:SouthAmerica 2015-11-01 2016-10-31 05578281 uk-countries:Asia 2015-11-01 2016-10-31 05578281 uk-countries:RestWorldOutsideUK 2015-11-01 2016-10-31 05578281 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-11-01 2016-10-31 05578281 uk-gaap:LeasedTangibleFixedAssets 2015-11-01 2016-10-31 05578281 uk-gaap:AllSubsidiaries 2015-11-01 2016-10-31 05578281 uk-gaap:AllAssociates 2015-11-01 2016-10-31 05578281 dpl-gaap:CostSales 2015-10-31 05578281 dpl-gaap:CostSales 2016-10-31 05578281 dpl-gaap:CostSales 2015-11-01 2016-10-31 05578281 dpl-gaap:DistributionCosts 2015-11-01 2016-10-31 05578281 dpl-gaap:AdministrativeExpenses 2015-11-01 2016-10-31 05578281 uk-bus:Director1 2015-11-01 2016-10-31 05578281 uk-bus:Director1 2016-10-31 05578281 uk-bus:Director2 2015-11-01 2016-10-31 05578281 uk-bus:Director2 2016-10-31

Registered number: 05578281

S & G FASTENERS

Abbreviated accounts

For The Year Ended 31 October 2016

Young Accountancy & Co Ltd

24 Edison road

Rabans Lane

Aylesbury

Buckinghamshire

HP19 8TE

S & G FASTENERS

Company No. 05578281

Abbreviated Balance Sheet 31 October 2016

Abbreviated Balance Sheet

		2016
	Notes	£	£
FIXED ASSETS
Tangible Assets	2		1,216

			1,216
CURRENT ASSETS
Debtors		33,826
Cash at bank and in hand		30,367

		64,193
Creditors: Amounts Falling Due Within One Year		(54,893 )

NET CURRENT ASSETS (LIABILITIES)			9,300

TOTAL ASSETS LESS CURRENT LIABILITIES			10,516

NET ASSETS			10,516

CAPITAL AND RESERVES
Called up share capital	3		100
Profit and Loss Account			10,416

SHAREHOLDERS' FUNDS			10,516

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

Directors' responsibilities:

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 abbreviated 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 2015).

On behalf of the board

Mr David Axford	Mr GEOFF AXFORD
28th June 2017

S & G FASTENERS

Notes to the Abbreviated Accounts

For The Year Ended 31 October 2016

Notes to the Abbreviated Accounts

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

4 Years

2. Tangible Assets


	Total
Cost	£
As at 1 November 2015	2,917

As at 31 October 2016	2,917

Depreciation
As at 1 November 2015	972
Provided during the period	729

As at 31 October 2016	1,701

Net Book Value
As at 31 October 2016	1,216

As at 1 November 2015	1,945

3. Share Capital

	Value	Number	2016
Allotted, called up and fully paid	£		£
Ordinary shares	1.000	100	100

4. Transactions With and Loans to Directors

Dividends paid to directors

5. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

Page 1