S:Flex Mounting Systems UK Limited - Accounts to registrar - small 17.2

S:Flex Mounting Systems UK Limited - Accounts to registrar - small 17.2

S:FLEX MOUNTING SYSTEMS UK LIMITED - Company Information

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REGISTERED NUMBER: 09206404 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

S:FLEX MOUNTING SYSTEMS UK LIMITED

S:FLEX MOUNTING SYSTEMS UK LIMITED (REGISTERED NUMBER: 09206404)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S:FLEX MOUNTING SYSTEMS UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTORS: M D D Wilke
B Thiesbrummel
T J Hughes





REGISTERED OFFICE: Unit 5 Skypark International
Blenheim Way
Liverpool
L24 1YH





REGISTERED NUMBER: 09206404 (England and Wales)





ACCOUNTANTS: Additions
Chartered Accountants
24 Queen Avenue
Queen Insurance Buildings
Dale Street
Liverpool
L2 4TZ
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S:FLEX MOUNTING SYSTEMS UK LIMITED (REGISTERED NUMBER: 09206404)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Stocks 6,097 11,939
Debtors 3 24,839 42,839
Cash at bank and in hand 47,207 92,862
78,143 147,640
CREDITORS
Amounts falling due within one year 4 41,034 117,836
NET CURRENT ASSETS 37,109 29,804
TOTAL ASSETS LESS CURRENT
LIABILITIES
37,109
29,804

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,009 29,704
SHAREHOLDERS' FUNDS 37,109 29,804

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

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

The directors acknowledge their 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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 July 2017 and were signed on its behalf by:





M D D Wilke - Director


The notes form part of these financial statements

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S:FLEX MOUNTING SYSTEMS UK LIMITED (REGISTERED NUMBER: 09206404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016


1. STATUTORY INFORMATION

S:Flex Mounting Systems UK Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 December 2016 are the first financial statements that comply
with FRS 102 Section 1A "Small Entities". The date of transition is 5 September 2014.

The transition to FRS 102 Section 1A "Small Entities" has not resulted in any significant changes in accounting
policies to those used previously and no adjustments to opening equity and profit for the comparative period
were required.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising
from impairment are recognised in the profit and loss account.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 19,839 41,946
Other debtors 5,000 893
24,839 42,839

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 20,776 95,132
Taxation and social security 1,964 11,954
Other creditors 18,294 10,750
41,034 117,836

5. RELATED PARTY DISCLOSURES

PV Trader 24 Limited (a company registered in England & Wales), and S:Flex GmbH (a company registered in
Germany) each own 50% of the issued share capital of S:Flex Mounting Systems UK Limited.

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