Summit Build Solutions Limited,Ltd - Accounts

SUMMIT BUILD SOLUTIONS LIMITED - Company Information

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Summit Build Solutions Limited

For the year ended 30 September 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 07790307

Contents Page

Summit Build Solutions Limited

For the year ended 30 September 2015

Accountants' Report

Balance Sheet

Notes to the Abbreviated Financial Statements

Chartered Accountants' Report

For the year ended 30 September 2015

Summit Build Solutions Limited

Chartered Accountants' Report to the Board of Directors

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Summit Build Solutions Limited for the year ended 30 September 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its

ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Summit Build Solutions Limited, as a body, in accordance

with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval

the accounts of Summit Build Solutions Limited and state those matters that we have agreed to state to the Board

of Directors of Summit Build Solutions Limited, as a body, in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than Summit Build Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Summit Build Solutions Limited has kept adequate accounting records to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Summit Build

Solutions Limited. You consider that Summit Build Solutions Limited is exempt from the statutory audit requirement

for the year.

We have not been instructed to carry out an audit or a review of the accounts of Summit Build Solutions Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Bickerstaff & Co

Unit 2 Brewery Court

Sea Lane

Hayle

Cornwall

TR27 4DP

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Abbreviated Balance Sheet

Summit Build Solutions Limited

As at 30 September 2015

07790307

Registered Number :

2015

Notes

2014

Current assets

Debtors

1,420

2,445

Cash at bank and in hand

1,660

4,105

1,442

Creditors: amounts falling due within one year

(1,874)

(3,884)

(432)

221

Net current assets

Total assets less current liabilities

221

(432)

221

Net assets/liabilities

(432)

Capital and reserves

Called up share capital

Profit and loss account

220

(433)

221

(432)

Shareholders funds

For the year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 21 January 2016

Adam Palmer Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

For the year ended 30 September 2015

Summit Build Solutions Limited

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.

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