Sharamless Limited - Accounts to registrar - small 17.2
Sharamless Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 November 2016 |
| for |
| Sharamless Limited |
| Sharamless Limited (Registered number: 05569924) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Sharamless Limited |
| Company Information |
| for the Year Ended 30 November 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Sharamless Limited (Registered number: 05569924) |
| Balance Sheet |
| 30 November 2016 |
| 30.11.16 | 30.11.15 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks | 2 |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 5 | ( |
) | ( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the director on |
| Sharamless Limited (Registered number: 05569924) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 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). |
| The company meets its day to day working capital requirements by the continued support of the director. The |
| director considers that it is appropriate to prepare the financial statements on a going concern basis which assumes |
| the continued financial support of the director. |
| If the company is unable to continue in operational existence for the foreseeable future, adjustments would have to |
| be made to reduce the balance sheet values of assets to their recoverable amounts provide for further liabilities that |
| might arise and reclassify fixed assets as current assets. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | STOCKS |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Stocks |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.16 | 30.11.15 |
| £ | £ |
| VAT |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Trade creditors |
| PAYE & NI | ( |
) |
| VAT |
| Accrued expenses | 2,635 | 1,900 |
| 5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Other loans - 1-2 years |
| Sharamless Limited (Registered number: 05569924) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2016 |
| 6. | PREFERENCE SHARES |
| Details of preference shares are as follows: |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.11.16 | 30.11.15 |
| value: | £ | £ |
| ordinary | £1 |
| 8. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 December 2015 | ( |
) |
| Deficit for the year | ( |
) |
| At 30 November 2016 | ( |
) |
| 9. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by its director. |