Abbreviated Company Accounts - STATIONERY 4 U LIMITED

STATIONERY 4 U LIMITED - Company Information

05276254 STATIONERY 4 U LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 05276254 2015-12-01 2016-11-30 05276254 2016-11-30 05276254 2015-11-30 05276254 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 05276254 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 05276254

STATIONERY 4 U LIMITED

Abbreviated Accounts

30 November 2016

STATIONERY 4 U LIMITED Registered Number 05276254

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	385	-
		385	-
Current assets
Stocks		-	6,650
Debtors		741	2,437
Cash at bank and in hand		9,557	1,976
		10,298	11,063
Creditors: amounts falling due within one year		(52,441)	(71,470)
Net current assets (liabilities)		(42,143)	(60,407)
Total assets less current liabilities		(41,758)	(60,407)
Total net assets (liabilities)		(41,758)	(60,407)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(41,760)	(60,409)
Shareholders' funds		(41,758)	(60,407)

For the year ending 30 November 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 27 November 2017

And signed on their behalf by:
DAVID FRIEDMAN, Director

STATIONERY 4 U LIMITED Registered Number 05276254

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25 % on cost

Other accounting policies
Stocks

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 December 2015	2,801
Additions	450
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	3,251
Depreciation
At 1 December 2015	2,801
Charge for the year	65
On disposals	-
At 30 November 2016	2,866
Net book values
At 30 November 2016	385
At 30 November 2015	0

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2