T SUMNER SMITH LTD.

T SUMNER SMITH LTD.

T SUMNER SMITH LTD. - Company Information

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T SUMNER SMITH LTD.

Company Registration Number:
04092213 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

T SUMNER SMITH LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

T SUMNER SMITH LTD.

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 2 124,030 93,773
Investments: 3 1 1
Total fixed assets: 124,031 93,774
Current assets
Debtors:   867,137 673,023
Cash at bank and in hand: 544,319 576,026
Total current assets: 1,411,456 1,249,049
Creditors: amounts falling due within one year:   (637,256) (632,902)
Net current assets (liabilities): 774,200 616,147
Total assets less current liabilities: 898,231 709,921
Total net assets (liabilities): 898,231 709,921
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 896,231 707,921
Shareholders funds: 898,231 709,921

The notes form part of these financial statements

T SUMNER SMITH LTD.

Balance sheet statements

For the year ending 30 April 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 January 2019
and signed on behalf of the board by:

Name: Mr N Smith
Status: Director

The notes form part of these financial statements

T SUMNER SMITH LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

T SUMNER SMITH LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Tangible Assets

Total
Cost £
At 01 May 2017 116,564
Additions 58,115
At 30 April 2018 174,679
Depreciation
At 01 May 2017 22,791
Charge for year 27,858
At 30 April 2018 50,649
Net book value
At 30 April 2018 124,030
At 30 April 2017 93,773

T SUMNER SMITH LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Fixed investments

Fixed assett investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit and loss.