Simon Neil Limited - Abbreviated accounts 16.3

Simon Neil Limited - Abbreviated accounts 16.3

SIMON NEIL LTD - Company Information

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REGISTERED NUMBER: 04541303 (England and Wales)















SIMON NEIL LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JULY 2014 TO 31 OCTOBER 2015













SIMON NEIL LIMITED (REGISTERED NUMBER: 04541303)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 JULY 2014 TO 31 OCTOBER 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

SIMON NEIL LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2014 TO 31 OCTOBER 2015







DIRECTORS: G T L Kreike
Mrs B J Kreike
S N Salisbury





REGISTERED OFFICE: Victoria Buildings
9 - 13 Silver Street
Bury
BL9 0EU





REGISTERED NUMBER: 04541303 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD
Page 1
SIMON NEIL LIMITED (REGISTERED NUMBER: 04541303)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 3,508 4,669

CURRENT ASSETS
Stocks 9,008 -
Debtors 71,959 33,609
Investments - 13,899
Cash at bank 35,916 16,680
116,883 64,188
CREDITORS
Amounts falling due within one year 61,824 56,032
NET CURRENT ASSETS 55,059 8,156
TOTAL ASSETS LESS CURRENT
LIABILITIES
58,567
12,825

PROVISIONS FOR LIABILITIES 647 -
NET ASSETS 57,920 12,825

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 57,820 12,725
SHAREHOLDERS' FUNDS 57,920 12,825

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

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

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 notes form part of these abbreviated accounts

Page 2 continued...
SIMON NEIL LIMITED (REGISTERED NUMBER: 04541303)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2015


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 Board of Directors on 22 November 2016 and were signed on
its behalf by:





G T L Kreike - Director


The notes form part of these abbreviated accounts

Page 3
SIMON NEIL LIMITED (REGISTERED NUMBER: 04541303)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 JULY 2014 TO 31 OCTOBER 2015


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 April 2008).

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

Turnover is recognised over the period to which the services relate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures and fitting - 20% reducing balance

Computer Equipment - 33% reducing balance

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.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely
than not that there will be suitable taxable profits from which the future reversal of the underlying timing
differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the
periods in which timing differences reverse, based on tax rates and laws enacted or substantively
enacted 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.

Page 4 continued...
SIMON NEIL LIMITED (REGISTERED NUMBER: 04541303)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 1 JULY 2014 TO 31 OCTOBER 2015


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2014 18,253
Additions 275
At 31 October 2015 18,528
DEPRECIATION
At 1 July 2014 13,584
Charge for period 1,436
At 31 October 2015 15,020
NET BOOK VALUE
At 31 October 2015 3,508
At 30 June 2014 4,669

3. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 5