Sterling Integrated Systems Limited - Accounts to registrar (filleted) - small 18.1
Sterling Integrated Systems Limited - Accounts to registrar (filleted) - small 18.1
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2017 |
FOR |
STERLING INTEGRATED SYSTEMS LIMITED |
STERLING INTEGRATED SYSTEMS LIMITED (REGISTERED NUMBER: 06898004) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
STERLING INTEGRATED SYSTEMS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2017 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Apple Barn |
Langley Park |
Sutton Road |
Maidstone |
Kent |
ME17 3NQ |
STERLING INTEGRATED SYSTEMS LIMITED (REGISTERED NUMBER: 06898004) |
BALANCE SHEET |
31 JULY 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS | 11 |
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. |
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 |
STERLING INTEGRATED SYSTEMS LIMITED (REGISTERED NUMBER: 06898004) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2017 |
1. | STATUTORY INFORMATION |
Sterling Integrated Systems 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 |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Tangible fixed assets |
Computer equipment | - |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted |
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
STERLING INTEGRATED SYSTEMS LIMITED (REGISTERED NUMBER: 06898004) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2017 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 August 2016 |
and 31 July 2017 |
DEPRECIATION |
At 1 August 2016 |
and 31 July 2017 |
NET BOOK VALUE |
At 31 July 2017 |
At 31 July 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CONTINGENT LIABILITIES |
The company had no contingent liabilities at the year end. |
8. | CAPITAL COMMITMENTS |
The company had no capital commitments at the year end. |
9. | RELATED PARTY DISCLOSURES |
At the year end there was a balance owing by the company to M R Errington of £17,484 (2016 - £27,224) |
10. | POST BALANCE SHEET EVENTS |
There have been no significant Post Balance Sheet Events. |
STERLING INTEGRATED SYSTEMS LIMITED (REGISTERED NUMBER: 06898004) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2017 |
11. | RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS |
2017 | 2016 |
£ | £ |
Profit for the financial year |
Dividends | ( |
) | ( |
) |
Net addition/(reduction) to shareholders' funds | 909 | (1,476 | ) |
Opening shareholders' funds | 25,031 | 26,507 |
Closing shareholders' funds | 25,940 | 25,031 |