Accounts Submission

Accounts Submission

STANDS BRANDS LIMITED - Company Information

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STANDS BRANDS LIMITED

Company Registration Number:
07040971 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

Page 1

STANDS BRANDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 7

Page 2

STANDS BRANDS LIMITED

Company Information

for the Period Ended 31 March 2017




Director: Christopher Sargisson
Richard Savelli
Registered office: 133
West Pottergate
Norwich
England
NR2 4BW
Company Registration Number: 07040971 (England and Wales)

Page 3

STANDS BRANDS LIMITED

Balance sheet

As at 31 March 2017


Notes
2017
£
2016
£
Fixed assets
Current assets
Debtors: 2 3,970 3,570
Cash at bank and in hand: 2,051 1,138
Total current assets: 6,021 4,708
Creditors: amounts falling due within one year: 3 ( 2,120 ) ( 315 )
Net current assets (liabilities): 3,901 4,393
Total assets less current liabilities: 3,901 4,393
Creditors: amounts falling due after more than one year: 4 ( 5,275 ) ( 5,370 )
Total net assets (liabilities): ( 1,374 ) ( 977 )

The notes form part of these financial statements

Page 4

STANDS BRANDS LIMITED

Balance sheet continued

As at 31 March 2017


Notes
2017
£
2016
£
Capital and reserves
Called up share capital: 1,500 1,500
Profit and loss account: ( 2,874 ) ( 2,477 )
Shareholders funds: ( 1,374 ) ( 977 )

For the year ending 31 March 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 December 2017
And Signed On Behalf Of The Board By:

Name: Richard Savelli
Status: Director

The notes form part of these financial statements

Page 5

STANDS BRANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover consists of invoiced sales excl VAT

Page 6

STANDS BRANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Debtors


2017
£
2016
£
Trade debtors 720 320
Other debtors 3,250 3,250
Total 3,970 3,570

Page 7

STANDS BRANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

3.Creditors: amounts falling due within one year note


2017
£
2016
£
Taxation and social security 696 315
Accruals and deferred income 1,424
Total 2,120 315

Page 8

STANDS BRANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

4.Creditors: amounts falling due after more than one year


2017
£
2016
£
Other creditors 5,275 5,370
Total 5,275 5,370

Page 9

STANDS BRANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

5.1.Related party disclosures

Name of related party: Richard Savelli
Description of relationship:
Director
Description of the transaction:
Loan to Business
Balance at 01 April 2016 1,870
Balance at 31 March 2017 1,775

Page 10