Silverjump Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04727528 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Silverjump Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

564

753

CURRENT ASSETS

Debtors

2,239

1,662

Cash at bank

24,421

24,831

26,660

26,493

CREDITORS

Amounts falling due within one year

24,271

19,962

NET CURRENT ASSETS

2,389

6,531

TOTAL ASSETS LESS CURRENT LIABILITIES

2,953

7,284

PROVISIONS FOR LIABILITIES

113

151

NET ASSETS

2,840

7,133

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

2,838

7,131

SHAREHOLDERS' FUNDS

2,840

7,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 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 21 March 2017 and were signed on its behalf by:

Mrs S J Lelliott - Director

Mr P M Lelliott - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% - 50% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

3,454

DEPRECIATION

At 1 July 2015

2,701

Charge for year

189

At 30 June 2016

2,890

NET BOOK VALUE

At 30 June 2016

564

At 30 June 2015

753

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2