Arnold Securities Limited - Limited company - abbreviated - 11.9
Arnold Securities Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 5 April 2016 |
| for |
| Arnold Securities Limited |
| Arnold Securities Limited (Registered number: 00967268) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 5 April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Arnold Securities Limited |
| Company Information |
| for the Year Ended 5 April 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Arnold Securities Limited (Registered number: 00967268) |
| Abbreviated Balance Sheet |
| 5 April 2016 |
| 5.4.16 | 5.4.15 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their 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. |
| The financial statements were approved by the Board of Directors on by: |
| Arnold Securities Limited (Registered number: 00967268) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 5 April 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Turnover |
| Turnover represents sales of shares and securities and interest receivable on shares and securities held. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable |
| profits from which the future reversal of the underlying timing differences can be deducted. |
| Deferred tax assets and liabilities are calculated using the tax rates enacted or substantively enacted by the |
| balance sheet date and which are expected to apply in the periods in which the timing differences are expected to |
| reverse. |
| Deferred tax assets and liabilities are not discounted. |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the contractual agreement, |
| as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that |
| evidences a residual interest in the assets of the company after deducting all of its liabilities. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 5.4.16 | 5.4.15 |
| value: | £ | £ |
| Ordinary | £1 |