Abbreviated Company Accounts - SEVERN COMMUNICATIONS LIMITED

SEVERN COMMUNICATIONS LIMITED - Company Information

05592940 SEVERN COMMUNICATIONS LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 05592940 2015-10-01 2016-09-30 05592940 2016-09-30 05592940 2015-09-30 05592940 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 05592940 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 05592940

SEVERN COMMUNICATIONS LIMITED

Abbreviated Accounts

30 September 2016

SEVERN COMMUNICATIONS LIMITED Registered Number 05592940

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,555	4,300
		3,555	4,300
Current assets
Debtors		86,496	88,909
Cash at bank and in hand		13,088	24,872
		99,584	113,781
Creditors: amounts falling due within one year		(87,129)	(123,188)
Net current assets (liabilities)		12,455	(9,407)
Total assets less current liabilities		16,010	(5,107)
Total net assets (liabilities)		16,010	(5,107)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		16,009	(5,108)
Shareholders' funds		16,010	(5,107)

For the year ending 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 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 13 March 2017

And signed on their behalf by:
A Frost, Director

SEVERN COMMUNICATIONS LIMITED Registered Number 05592940

Notes to the Abbreviated Accounts for the period ended 30 September 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 January 2015

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance
Fixtures, fittings and equipment 15% reducing balance
Motor Vehicles 25% reducing balance

Other accounting policies
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Ultimate Controlling Party
The company is a wholly owned subsidiary of Severn communications Holdings Limited, a company registered in England and Wales.
The ultimate controlling party is Precis Marketing Limited who own 100% of the issued share capital of Severn Communications Holdings Limited.

2Tangible fixed assets

	£
Cost
At 1 October 2015	55,187
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	55,187
Depreciation
At 1 October 2015	50,887
Charge for the year	745
On disposals	-
At 30 September 2016	51,632
Net book values
At 30 September 2016	3,555
At 30 September 2015	4,300

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1