Sievert & Co Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06338337 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2017

for

Sievert & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T J Ward

REGISTERED OFFICE:

58 Bluestone Drive

Heaton Mersey

Stockport

Cheshire

SK4 3PY

REGISTERED NUMBER:

06338337 (England and Wales)

ACCOUNTANTS:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

FIXED ASSETS

Tangible assets

4

742

1,077

Investments

5

664,397

656,511

665,139

657,588

CURRENT ASSETS

Debtors

6

3,732

9,068

Cash at bank

167,070

79,182

170,802

88,250

CREDITORS

Amounts falling due within one year

7

43,850

50,471

NET CURRENT ASSETS

126,952

37,779

TOTAL ASSETS LESS CURRENT LIABILITIES

792,091

695,367

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

792,089

695,365

SHAREHOLDERS' FUNDS

792,091

695,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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 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 22 December 2017 and were signed by:

T J Ward - Director

1.	STATUTORY INFORMATION

Sievert & Co Limited is a private company, limited by shares , registered in England and Wales. 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.

This is the first year in which the financial statements have been prepared under Financial Reporting Standard

102. The transition from preparing the financial statements in accordance with Financial Reporting Standard for

Smaller Entities 2015 to Financial Reporting Standard 102 Section 1A has had no material impact on either the

financial position or the financial performance as previously reported by the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and equipment

-

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.

Fixed asset investments

Fixed asset investments are stated at fair value. Changes in fair value are recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

equipment

£

COST

At 1 September 2016

and 31 August 2017

5,766

DEPRECIATION

At 1 September 2016

4,689

Charge for year

335

At 31 August 2017

5,024

NET BOOK VALUE

At 31 August 2017

742

At 31 August 2016

1,077

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 September 2016

656,511

Additions

7,886

At 31 August 2017

664,397

NET BOOK VALUE

At 31 August 2017

664,397

At 31 August 2016

656,511

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

3,732

9,068

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation tax

30,633

32,801

Social security and other taxes

234

247

VAT

6,157

10,881

Directors' current accounts

6,826

6,542

43,850

50,471

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1

Ordinary "A"

£1

1

1

1

Ordinary "B"

£1

1

1

2

2

9.	RELATED PARTY DISCLOSURES