Accounts filed on 30-06-2016

Accounts filed on 30-06-2016

SOMERFORD ACCOUNTANTS LIMITED - Company Information

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SOMERFORD ACCOUNTANTS LIMITED

Company Registration Number:
SC479959 (Scotland)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 July 2015

End date: 30 June 2016

SOMERFORD ACCOUNTANTS LIMITED

Abbreviated Balance sheet

As at 30 June 2016


Notes
2016
£		 13 months to
30 Jun 2015
£
Fixed assets
Total fixed assets: 0 0
Current assets
Debtors: 660 1,250
Cash at bank and in hand: 33,178 16,474
Total current assets: 33,838 17,724
Creditors: amounts falling due within one year: ( 27,491 ) ( 12,807 )
Net current assets (liabilities): 6,347 4,917
Total assets less current liabilities: 6,347 4,917
Total net assets (liabilities): 6,347 4,917

The notes form part of these financial statements

SOMERFORD ACCOUNTANTS LIMITED

Balance sheet continued

As at 30 June 2016


Notes
2016
£		 13 months to
30 Jun 2015
£
Capital and reserves
Called up share capital: 2 1 1
Profit and loss account: 6,346 4,916
Shareholders funds: 6,347 4,917

For the year ending 30 June 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 23 September 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Lesley Mckay
Status: Director

The notes form part of these financial statements

SOMERFORD ACCOUNTANTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 1. Accounting 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 January 2016). The accounts have been prepared on a Going Concern basis as the company continues to be underwritten by its director

    Turnover policy

    All turnover relates to sales of services within the UK.

    Other accounting policies

    Income
    Income is accounted for on an accruals basis and excludes value added tax.
    Expenditure
    Expenditure is accounted for on an accruals basis and includes irrecoverable value added tax and discounts.
    Estimated costs are accrued and matched against income recognised during the period.

SOMERFORD ACCOUNTANTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 13 months to
    30 Jun 2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1