SMS Metering Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05557645 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

SMS METERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss L Sodin

SECRETARY:

V Sodin

REGISTERED OFFICE:

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

REGISTERED NUMBER:

05557645 (England and Wales)

ACCOUNTANTS:

Lees Chartered Accountants

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

CURRENT ASSETS

Stocks

144,120

174,772

Debtors

11,092

18,762

Cash at bank

36,685

12,896

191,897

206,430

CREDITORS

Amounts falling due within one year

167,480

150,604

NET CURRENT ASSETS

24,417

55,826

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,417

55,826

CAPITAL AND RESERVES

Called up share capital

2

11,000

Profit and loss account

13,417

44,826

SHAREHOLDERS' FUNDS

24,417

55,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 September 2016 and were signed by:

Miss L Sodin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

11,000

Ordinary

£1

11,000

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is a balance of £9,703, which is due to V Sodin, Director.