Success Accident Solutions Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04861648 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Success Accident Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Stevenson

SECRETARY:

Mrs K Stevenson

REGISTERED OFFICE:

Lynch and Grice House

Warrington Road

WIDNES

Cheshire

WA8 0ST

REGISTERED NUMBER:

04861648 (England and Wales)

ACCOUNTANTS:

GR Taylor & Co Accountants

54-56 Ormskirk Street

ST HELENS

Merseyside

WA10 2TF

FIXED ASSETS

Tangible assets

2

33,556

35,941

CURRENT ASSETS

Debtors

3

259,556

251,717

Cash at bank

28,170

81,592

287,726

333,309

CREDITORS

Amounts falling due within one year

149,141

183,623

NET CURRENT ASSETS

138,585

149,686

TOTAL ASSETS LESS CURRENT
LIABILITIES

172,141

185,627

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

172,138

185,624

SHAREHOLDERS' FUNDS

172,141

185,627

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 his 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 29 July 2017 and were signed by:

Mr J Stevenson - 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 services, 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.

Plant and machinery

-

25% on reducing balance

Fixtures & equipment

-

25% on reducing balance

Hire Fleet

-

25% on reducing balance

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

Total

£

COST

At 1 November 2015

144,716

Additions

8,803

At 31 October 2016

153,519

DEPRECIATION

At 1 November 2015

108,775

Charge for year

11,188

At 31 October 2016

119,963

NET BOOK VALUE

At 31 October 2016

33,556

At 31 October 2015

35,941

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 80,119 (31.10.15 - £ 71,159 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

2

Ordinary A

£1

2

1

Ordinary B

£1

1

3