Abbreviated Company Accounts - SILVER FOX ANTIQUES LIMITED

SILVER FOX ANTIQUES LIMITED - Company Information

04261076 SILVER FOX ANTIQUES LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 04261076 2014-10-01 2015-09-30 04261076 2015-09-30 04261076 2014-09-30 04261076 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 04261076 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 04261076

SILVER FOX ANTIQUES LIMITED

Abbreviated Accounts

30 September 2015

SILVER FOX ANTIQUES LIMITED Registered Number 04261076

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	243	286
		243	286
Current assets
Stocks		150,850	139,426
Cash at bank and in hand		9,870	20,596
		160,720	160,022
Creditors: amounts falling due within one year		(101,630)	(46,101)
Net current assets (liabilities)		59,090	113,921
Total assets less current liabilities		59,333	114,207
Total net assets (liabilities)		59,333	114,207
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		59,332	114,206
Shareholders' funds		59,333	114,207

For the year ending 30 September 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 28 September 2016

And signed on their behalf by:
C J Hickey, Director

SILVER FOX ANTIQUES LIMITED Registered Number 04261076

Notes to the Abbreviated Accounts for the period ended 30 September 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities. The revenue is recognised for the services as the services are performed.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follow:
Fixtures, fittings and equipment – 15% per annum on reducing balance basis

Other accounting policies
Going Concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate having regard to the circumstances.

2Tangible fixed assets

	£
Cost
At 1 October 2014	1,593
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	1,593
Depreciation
At 1 October 2014	1,307
Charge for the year	43
On disposals	-
At 30 September 2015	1,350
Net book values
At 30 September 2015	243
At 30 September 2014	286

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1