Company Registration No. 04580459 (England and Wales)
SDH BUILDING SERVICES LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
SDH BUILDING SERVICES LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
SDH BUILDING SERVICES LTD
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
29,818
6,921
Current assets
Stocks
1,000
1,600
Debtors
397,741
155,133
Cash at bank and in hand
83,548
19,186
482,289
175,919
Creditors: amounts falling due within one year
(553,728)
(528,756)
Net current liabilities
(71,439)
(352,837)
Total assets less current liabilities
(41,621)
(345,916)
Provisions for liabilities
(4,868)
(47)
(46,489)
(345,963)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(46,589)
(346,063)
Shareholders' funds
(46,489)
(345,963)
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 9 May 2016
Mr D T Hoesli
Director
Company Registration No. 04580459
SDH BUILDING SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
20% Straight line
Fixtures, fittings & equipment
20% Straight line
Motor vehicles
25% Straight line
1.4
Deferred taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2015
46,562
Additions
30,057
Disposals
(26,718)
At 31 December 2015
49,901
Depreciation
At 1 January 2015
39,641
On disposals
(26,715)
Charge for the year
7,157
At 31 December 2015
20,083
Net book value
At 31 December 2015
29,818
At 31 December 2014
6,921
SDH BUILDING SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100