Abbreviated Company Accounts - STEVEN OATES LIMITED

STEVEN OATES LIMITED - Company Information

Registered Number 05086580

STEVEN OATES LIMITED

Abbreviated Accounts

31 March 2015

STEVEN OATES LIMITED Registered Number 05086580

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,711	46,198
		22,711	46,198
Current assets
Debtors		264,521	205,123
Cash at bank and in hand		191,488	305,785
		456,009	510,908
Creditors: amounts falling due within one year		(65,096)	(161,599)
Net current assets (liabilities)		390,913	349,309
Total assets less current liabilities		413,624	395,507
Creditors: amounts falling due after more than one year		(100,355)	-
Total net assets (liabilities)		313,269	395,507
Capital and reserves
Called up share capital		3	3
Profit and loss account		313,266	395,504
Shareholders' funds		313,269	395,507

For the year ending 31 March 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2015

And signed on their behalf by:
Mr C Kyle, Director

STEVEN OATES LIMITED Registered Number 05086580

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation has been provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Motor Vehicles - 25% on written down value
Plant & Machinery - Over 4 years on a straight line basis

2Tangible fixed assets

	£
Cost
At 1 April 2014	215,734
Additions	6,515
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	222,249
Depreciation
At 1 April 2014	169,536
Charge for the year	30,002
On disposals	-
At 31 March 2015	199,538
Net book values
At 31 March 2015	22,711
At 31 March 2014	46,198