C. Spratt Multiutility Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC330796 (Scotland)

Abbreviated Unaudited Accounts

for the Period 1 October 2014 to 30 November 2015

for

C. Spratt Multiutility Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C L Spratt

SECRETARY:

J R Spratt

REGISTERED OFFICE:

No. 10 Darluith Park

Brookfield

Johnstone

Renfrewshire

PA5 8DD

REGISTERED NUMBER:

SC330796 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

FIXED ASSETS

Tangible assets

2

411,998

341,011

CURRENT ASSETS

Stocks

83,938

-

Debtors

550,871

510,481

Cash at bank

1,360,792

1,208,003

1,995,601

1,718,484

CREDITORS

Amounts falling due within one year

482,158

631,172

NET CURRENT ASSETS

1,513,443

1,087,312

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,925,441

1,428,323

PROVISIONS FOR LIABILITIES

77,934

67,307

NET ASSETS

1,847,507

1,361,016

CAPITAL AND RESERVES

Called up share capital

3

1,200

Profit and loss account

1,846,307

1,359,816

SHAREHOLDERS' FUNDS

1,847,507

1,361,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 20 October 2016 and were signed by:

C L Spratt - 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 the value of all work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

480,949

Additions

195,220

At 30 November 2015

676,169

DEPRECIATION

At 1 October 2014

139,938

Charge for period

124,233

At 30 November 2015

264,171

NET BOOK VALUE

At 30 November 2015

411,998

At 30 September 2014

341,011

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,000

Ordinary A

£1

1,000

100

Ordinary B

£1

100

Ordinary C

£1

100

1,200