Stuf! Marketing Limited - Accounts to registrar (filleted) - small 17.3
Stuf! Marketing Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2017 |
| for |
| Stuf! Marketing Limited |
| Stuf! Marketing Limited (Registered number: SC445346) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Stuf! Marketing Limited |
| Company Information |
| for the Year Ended 31 March 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants |
| 15 Gladstone Place |
| Stirling |
| FK8 2NN |
| Stuf! Marketing Limited (Registered number: SC445346) |
| Balance Sheet |
| 31 March 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors | 3 |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| Stuf! Marketing Limited (Registered number: SC445346) |
| Balance Sheet - continued |
| 31 March 2017 |
| 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 on its behalf by: |
| Stuf! Marketing Limited (Registered number: SC445346) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Stuf! Marketing Limited is a |
| 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. |
| The company has transitioned to FRS 102 from previously extant UK GAAP as at 01/04/2015. The |
| reported financial position and financial performance for the previous period are not affected by the |
| transition to FRS 102. |
| Significant judgements and estimates |
| The preparation of Financial Statements required management to make judgements, estimates and |
| assumptions that affect the application of accounting policies and reported amounts of assets, |
| liabilities, income and expenses. Actual results may differ from these estimates. Estimates and |
| assumptions are reviewed on an ongoing basis and revisions to estimates are recognised in the period |
| in which the estimate is revised and in any future periods affected. |
| The directors are of the opinion there are no matters of significant judgement and estimation which |
| are material to the financial statements. |
| Turnover |
| Turnover represents the sale of goods and services provided net of VAT. Turnover is recognised |
| when the goods and services are physically provided to the customer. |
| 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. |
| Stuf! Marketing Limited (Registered number: SC445346) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2017 |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Directors' current accounts | 4,485 | 2,708 |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Tax |
| VAT | 2,308 | 10,050 |
| Factored Debts | 18,422 | 30,028 |
| Directors' current accounts | 1,783 | 2,803 |
| Accrued expenses |
| 5. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Factored Debts | 18,422 | 30,028 |
| A bond and floating charge was issued to Lloyds Bank Commercial Finance Ltd over the assets of |
| the company during the year. |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary Shares | £1 | 100 | 100 |
| Stuf! Marketing Limited (Registered number: SC445346) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2017 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 March 2017 and |
| 31 March 2016: |
| 2017 | 2016 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) | ( |
) |