Abbreviated Company Accounts - SUMMIT PLANNING ASSOCIATES LIMITED

SUMMIT PLANNING ASSOCIATES LIMITED - Company Information

Registered Number 07721331

SUMMIT PLANNING ASSOCIATES LIMITED

Abbreviated Accounts

31 August 2016

SUMMIT PLANNING ASSOCIATES LIMITED Registered Number 07721331

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	604	805
		604	805
Current assets
Debtors		10,189	35,685
Cash at bank and in hand		51	-
		10,240	35,685
Creditors: amounts falling due within one year		(9,599)	(18,330)
Net current assets (liabilities)		641	17,355
Total assets less current liabilities		1,245	18,160
Accruals and deferred income		(495)	(495)
Total net assets (liabilities)		750	17,665
Capital and reserves
Called up share capital		1	1
Profit and loss account		749	17,664
Shareholders' funds		750	17,665

For the year ending 31 August 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 30 May 2017

And signed on their behalf by:
Amanda Olley, Director

SUMMIT PLANNING ASSOCIATES LIMITED Registered Number 07721331

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents amounts chargeable, net of Value Added Tax, in respect of the sale of goods and/or services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost over the expected life of the asset at a rate of 25% per annum on a reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 September 2015	1,521
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	1,521
Depreciation
At 1 September 2015	716
Charge for the year	201
On disposals	-
At 31 August 2016	917
Net book values
At 31 August 2016	604
At 31 August 2015	805