Sweetmore Construction Limited - Period Ending 2016-12-31

Registration number: 09907077

Sweetmore Construction Limited

Unaudited Abbreviated Accounts
 
for the period from 8 December 2015 to 31 December 2016

Sweetmore Construction Limited

Contents

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2 to 3

Sweetmore Construction Limited

(Registration number: 09907077)
Abbreviated Balance Sheet as at 31 December 2016

	Note	31 December 2016  £
Fixed assets
Tangible assets	2	1,888
Current assets
Debtors		18,948
Cash at bank and in hand		866
		19,814
Creditors: Amounts falling due within one year		(8,257)
Net current assets		11,557
Total assets less current liabilities		13,445
Accruals and deferred income		(800)
Net assets		12,645
Capital and reserves
Called up share capital	3	2
Profit and loss account		12,643
Shareholders funds		12,645

For the period ending 31 December 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 21 March 2017 and signed on its behalf by:

.........................................
Mr Craig Julian Smith
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Sweetmore Construction Limited

Notes to the Abbreviated Accounts

1

Accounting policies

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	20% reducing balance

2

Fixed assets

	Tangible assets £	Total £
Cost
Additions	2,360	2,360
At 31 December 2016	2,360	2,360
Depreciation
Charge for the year	472	472
At 31 December 2016	472	472
Net book value
At 31 December 2016	1,888	1,888

Page 2

Sweetmore Construction Limited

Notes to the Abbreviated Accounts

3

Share capital

Allotted, called up and fully paid shares

	31 December 2016
	No.	£
Ordinary share of £1 each	1	1
Ordinary share of £1 each	1	1
	2	2

4

Control

The directors are the controlling party by virtue of their controlling shareholding in the company.

Page 3