Abbreviated Company Accounts - SPYDER CAPITAL LIMITED

OLD SPYDER LIMITED - Company Information

05681778 SPYDER CAPITAL LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 05681778 2015-11-01 2016-10-31 05681778 2016-10-31 05681778 2015-10-31 05681778 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 05681778 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2016-10-31 uk-gaap-cd-bus:Director3 2015-10-31 iso4217:GBP shares

Registered Number 05681778

SPYDER CAPITAL LIMITED

Abbreviated Accounts

31 October 2016

SPYDER CAPITAL LIMITED Registered Number 05681778

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	1	1
Investments		-	-
		1	1
Current assets
Stocks		-	-
Debtors		148,512	149,232
Cash at bank and in hand		16	16
		148,528	149,248
Creditors: amounts falling due within one year		(30,412)	(30,412)
Net current assets (liabilities)		118,116	118,836
Total assets less current liabilities		118,117	118,837
Total net assets (liabilities)		118,117	118,837
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		117,117	117,837
Shareholders' funds		118,117	118,837

For the year ending 31 October 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 31 July 2017

And signed on their behalf by:
Timothy Lyons, Director

SPYDER CAPITAL LIMITED Registered Number 05681778

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Other accounting policies
Not trading
The company was dormant throughout year ended 31 October 2016 and not trading.

Basis of preparation
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 102 Section 1A "Small Entities". "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

First year adoption
These financial statements for the year ended 31 October 2016 are the first financial statements of the Company following the adoption of FRS102. The date of transition to FRS 102 was 1 November 2014. The Company previously reported under old UK GAAP. The Company has made no measurement the recognition adjustments.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer Equipment 20% on cost

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2Tangible fixed assets

	£
Cost
At 1 November 2015	2,277
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	2,277
Depreciation
At 1 November 2015	2,276
Charge for the year	-
On disposals	-
At 31 October 2016	2,276
Net book values
At 31 October 2016	1
At 31 October 2015	1

3Transactions with directors

Name of director receiving advance or credit:	Timothy Lyons
Description of the transaction:	Capital introduced
Balance at 1 November 2015:	£ 29,400
Advances or credits made:	£ 0
Advances or credits repaid:	£ 0
Balance at 31 October 2016:	£ 29,400

These amounts are interest free and there is no fixed repayment date.