SANCOBASE LIMITED

SANCOBASE LIMITED

SANCOBASE LIMITED - Company Information

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SANCOBASE LIMITED

Company Registration Number:
01975853 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

SANCOBASE LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

SANCOBASE LIMITED

Balance sheet

As at 30 September 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 202,019 205,321
Total fixed assets: 202,019 205,321
Current assets
Debtors: 3 44,860 89,421
Cash at bank and in hand: 51,026 24,930
Total current assets: 95,886 114,351
Creditors: amounts falling due within one year:   (8,144) (17,184)
Net current assets (liabilities): 87,742 97,167
Total assets less current liabilities: 289,761 302,488
Provision for liabilities: (11,411) (11,411)
Total net assets (liabilities): 278,350 291,077
Capital and reserves
Called up share capital: 145,100 145,100
Revaluation reserve:442,92942,929
Other reserves: 106,996 106,996
Profit and loss account: (16,675) (3,948)
Shareholders funds: 278,350 291,077

The notes form part of these financial statements

SANCOBASE LIMITED

Balance sheet statements

For the year ending 30 September 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 June 2018
and signed on behalf of the board by:

Name: Mr P W Smith
Status: Director

The notes form part of these financial statements

SANCOBASE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

1. Accounting policies

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

Tangible fixed assets and depreciation policy

Freehold property - 4% straight lineFixtures & fittings - 15% reducing balanceMotor vehicles - 25% reducing balanceEquipment - 25% straight line

SANCOBASE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Tangible Assets

Total
Cost £
At 01 October 2016 245,289
At 30 September 2017 245,289
Depreciation
At 01 October 2016 39,968
Charge for year 3,302
At 30 September 2017 43,270
Net book value
At 30 September 2017 202,019
At 30 September 2016 205,321

SANCOBASE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

3. Debtors

2017 2016
££
Debtors due after more than one year: 44,860 89,421

SANCOBASE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

4. Revaluation reserve

2017
£
Balance at 01 October 2016 42,929
Surplus or deficit after revaluation 0
Balance at 30 September 2017 42,929