Sinkinson Resourcing Limited - Accounts to registrar - small 17.2

Sinkinson Resourcing Limited - Accounts to registrar - small 17.2

SINKINSON RESOURCING LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.2.1.52 06460432 director 1.1.16 31.12.16 31.12.16 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064604322015-12-31064604322016-12-31064604322016-01-012016-12-31064604322014-12-31064604322015-01-012015-12-31064604322015-12-3106460432ns14:PoundSterling2016-01-012016-12-3106460432ns10:Director12016-01-012016-12-3106460432ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3106460432ns10:SmallEntities2016-01-012016-12-3106460432ns10:AuditExemptWithAccountantsReport2016-01-012016-12-3106460432ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3106460432ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3106460432ns10:FullAccounts2016-01-012016-12-3106460432ns10:CompanySecretary12016-01-012016-12-3106460432ns10:RegisteredOffice2016-01-012016-12-3106460432ns5:CurrentFinancialInstruments2016-12-3106460432ns5:CurrentFinancialInstruments2015-12-3106460432ns5:Non-currentFinancialInstruments2016-12-3106460432ns5:Non-currentFinancialInstruments2015-12-3106460432ns5:ShareCapital2016-12-3106460432ns5:ShareCapital2015-12-3106460432ns5:RetainedEarningsAccumulatedLosses2016-12-3106460432ns5:RetainedEarningsAccumulatedLosses2015-12-3106460432ns5:PlantMachinery2016-01-012016-12-3106460432ns5:PlantMachinery2015-12-3106460432ns5:PlantMachinery2016-12-3106460432ns5:PlantMachinery2015-12-3106460432ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3106460432ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-12-31


REGISTERED NUMBER: 06460432











Unaudited Financial Statements

for the Year Ended 31 December 2016

for

SINKINSON RESOURCING LIMITED

SINKINSON RESOURCING LIMITED (REGISTERED NUMBER: 06460432)

Contents of the Financial Statements
for the Year Ended 31 December 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

SINKINSON RESOURCING LIMITED

Company Information
for the Year Ended 31 December 2016







DIRECTOR: J M Sinkinson





SECRETARY: J Sinkinson





REGISTERED OFFICE: 16 Wickwar Road
Kingswood
Wotton under Edge
GL12 8RF





REGISTERED NUMBER: 06460432





ACCOUNTANTS: Wotton Accountancy Associates Limited
Stag House
The Chipping
Wotton under Edge
Gloucestershire
GL12 7AD
Page 1
SINKINSON RESOURCING LIMITED (REGISTERED NUMBER: 06460432)

Balance Sheet
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,824 3,868

CURRENT ASSETS
Debtors 5 87,758 46,036
Cash at bank 287 17,748
88,045 63,784
CREDITORS
Amounts falling due within one year 6 62,534 58,480
NET CURRENT ASSETS 25,511 5,304
TOTAL ASSETS LESS CURRENT
LIABILITIES
30,335
9,172

CREDITORS
Amounts falling due after more than one year 7 29,106 -
NET ASSETS 1,229 9,172

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 1,209 9,152
SHAREHOLDERS' FUNDS 1,229 9,172

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 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 notes form part of these financial statements

Page 2 continued...
SINKINSON RESOURCING LIMITED (REGISTERED NUMBER: 06460432)

Balance Sheet - continued
31 December 2016


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 director on 27 September 2017 and were signed by:





J M Sinkinson - Director


The notes form part of these financial statements

Page 3
SINKINSON RESOURCING LIMITED (REGISTERED NUMBER: 06460432)

Notes to the Financial Statements
for the Year Ended 31 December 2016


1. STATUTORY INFORMATION

Sinkinson Resourcing Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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

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 etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Page 4 continued...
SINKINSON RESOURCING LIMITED (REGISTERED NUMBER: 06460432)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 11,952
Additions 2,565
At 31 December 2016 14,517
DEPRECIATION
At 1 January 2016 8,084
Charge for year 1,609
At 31 December 2016 9,693
NET BOOK VALUE
At 31 December 2016 4,824
At 31 December 2015 3,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 87,758 46,036

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Bank loans and overdrafts 20,741 22,433
Trade creditors 4,884 11,881
Taxation and social security 36,710 23,186
Other creditors 199 980
62,534 58,480

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2016 2015
£    £   
Bank loans 29,106 -

Page 5
SINKINSON RESOURCING LIMITED

Report of the Accountants to the Director of
Sinkinson Resourcing Limited


The following reproduces the text of the report prepared for the director and members in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance
Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director
are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2016 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wotton Accountancy Associates Limited
Stag House
The Chipping
Wotton under Edge
Gloucestershire
GL12 7AD


27 September 2017

This page does not form part of the statutory financial statements

Page 6