| Spedeworth Fabrications 2015 Ltd |
| Registered number: |
09521856 |
| Balance Sheet |
| as at 31 December 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Current assets |
| Stocks |
|
|
174,412 |
|
|
126,430 |
| Debtors |
2 |
|
11,145 |
|
|
14,848 |
| Cash at bank and in hand |
|
|
19,605 |
|
|
59,350 |
|
|
|
205,162 |
|
|
200,628 |
|
| Creditors: amounts falling due within one year |
3 |
|
(210,379) |
|
|
(208,187) |
|
| Net current liabilities |
|
|
|
(5,217) |
|
|
(7,559) |
|
| Net liabilities |
|
|
|
(5,217) |
|
|
(7,559) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(5,317) |
|
|
(7,659) |
|
| Shareholder's funds |
|
|
|
(5,217) |
|
|
(7,559) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D R Wood |
| Director |
| Approved by the board on 22 May 2018 |
|
| Spedeworth Fabrications 2015 Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
| 2 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
Trade debtors |
11,145 |
|
14,848 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
Trade creditors |
12,778 |
|
8,187 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
200,000 |
|
200,000 |
|
Other taxes and social security costs |
(2,399) |
|
- |
|
|
|
|
|
|
210,379 |
|
208,187 |
|
|
|
|
|
|
|
|
|
| 4 |
Other information |
|
|
Spedeworth Fabrications 2015 Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Spedeworth House Unit 2 |
|
Hollybush Industrial Park |
|
Aldershot |
|
Hampshire |
|
GU11 2PX |
