Abbreviated Company Accounts - SIMON PRATLEY LIMITED

Abbreviated Company Accounts - SIMON PRATLEY LIMITED

SIMON PRATLEY LIMITED - Company Information

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Registered Number 05967055

SIMON PRATLEY LIMITED

Abbreviated Accounts

28 February 2016

SIMON PRATLEY LIMITED Registered Number 05967055

Abbreviated Balance Sheet as at 28 February 2016

Notes 28/02/2016 31/03/2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 7,126 9,243
7,126 9,243
Current assets
Stocks 250 250
Cash at bank and in hand 3,902 2,759
4,152 3,009
Prepayments and accrued income 220 220
Creditors: amounts falling due within one year (1,869) (2,852)
Net current assets (liabilities) 2,503 377
Total assets less current liabilities 9,629 9,620
Creditors: amounts falling due after more than one year (833) (2,361)
Accruals and deferred income (8,407) (7,067)
Total net assets (liabilities) 389 192
Capital and reserves
Called up share capital 2 2
Profit and loss account 387 190
Shareholders' funds 389 192
  • For the year ending 28 February 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.

Approved by the Board on 16 March 2017

And signed on their behalf by:
Simon Pratley, Director

SIMON PRATLEY LIMITED Registered Number 05967055

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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
The company's turnover represents the value of goods and services supplied to
customers during the period excluding value added tax.

Tangible assets depreciation policy
Depreciation has been computed to write off the cost less estimated residual value of
tangible assets over their expected useful lives using the following rates:

Fixtures, fittings and equipment - 25% per annum on the reducing balance
Motor vehicles - 25% per annum on the reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2015 19,294
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 19,294
Depreciation
At 1 April 2015 10,051
Charge for the year 2,117
On disposals -
At 28 February 2016 12,168
Net book values
At 28 February 2016 7,126
At 31 March 2015 9,243