STIDDARD_MATHERS_LIMITED - Accounts

STIDDARD MATHERS LIMITED - Company Information

Print Friendly Version

Company Registration No. 05998315 (England and Wales)

STIDDARD MATHERS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2014

STIDDARD MATHERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

STIDDARD MATHERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

5 APRIL 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

227

2,754

Current assets

Debtors

35,358

31,688

Cash at bank and in hand

6,464

18,776

41,822

50,464

Creditors: amounts falling due within one year

(34,862)

(35,695)

Net current assets

6,960

14,769

Total assets less current liabilities

7,187

17,523

Capital and reserves

Called up share capital

100

Profit and loss account

7,087

17,423

Shareholders' funds

7,187

17,523

For the financial year ended 5 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 8 December 2014

A M Mathers

Director

Company Registration No. 05998315

STIDDARD MATHERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% straight line.

Fixtures, fittings & equipment

20% straight line

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of material timing differences.

Fixed assets

Tangible assets

Cost

At 6 April 2013

9,569

Disposals

(1,873)

At 5 April 2014

7,696

Depreciation

At 6 April 2013

6,815

On disposals

(1,873)

Charge for the year

2,527

At 5 April 2014

7,469

Net book value

At 5 April 2014

227

At 5 April 2013

2,754

STIDDARD MATHERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

100 ordinary shares of £1 each

100