S S MEAT WHOLESALE LIMITED Accounts

S.S. MEAT WHOLESALE LIMITED - Company Information






S S MEAT WHOLESALE LIMITED
	Company No. 02733606
		Abbreviated Accounts
		30 September 2016

at	30 September 2016

Company No.		02733606	Notes	2016	2015
				£	£
Fixed assets

	Tangible assets		2	26,371	9,233

				26,371	9,233
Current assets
	Stocks			170,172	199,969
	Debtors			600,184	831,398

	Cash at bank and in hand			(6,757)	(224,980)
				763,599	806,387
Creditors: Amounts falling due within one year				(637,024)	(722,052)
Net current assets				126,575	84,335
Total assets less current liabilities				152,946	93,568




Net assets				152,946	93,568

Capital and reserves
	Called up share capital		3	120	120



	Profit and loss account			152,826	93,448

Shareholders' funds				152,946	93,568

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 30 September 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 December 2016

And signed on its behalf by:

S.V. Speed
Director
31 December 2016

for the year ended 30 September 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

Plant and machinery

25%% Reducing Balance

Motor vehicles

25%% Reducing Balance

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 October 2015	59,900	59,900
	Additions	26,980	26,980


	Disposals	(18,709)	(18,709)
	At 30 September 2016	68,171	68,171
	Amortisation
	At 1 October 2015	50,667	50,667
	Charge for the year	8,789	8,789


	Disposals	(17,656)	(17,656)
	At 30 September 2016	41,800	41,800
	Net book values
	At 30 September 2016	26,371	26,371
	At 30 September 2015	9,233	9,233

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary A	1.00	100	100	100
	Ordinary B	1.00	10	10	10
	Ordinary C	1.00	10	10	10


				120	120