Summer & Co Ltd
|
Registered number: |
08561881
|
Abbreviated Balance Sheet |
as at 30 June 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Current assets |
Debtors |
|
|
11,146 |
|
|
11,653 |
Cash at bank and in hand |
|
|
5,038 |
|
|
30 |
|
|
|
16,184 |
|
|
11,683 |
|
Creditors: amounts falling due within one year |
|
|
(15,210) |
|
|
(9,957) |
|
Net current assets |
|
|
|
974 |
|
|
1,726 |
|
Net assets |
|
|
|
974 |
|
|
1,726 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
2 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
874 |
|
|
1,626 |
|
Shareholder's funds |
|
|
|
974 |
|
|
1,726 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Shella Khan |
Director |
Approved by the board on 5 July 2016
|
|
Summer & Co Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 30 June 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
Motor vehicles |
25% straight line
|
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up but not fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
3 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
Shella Khan
|
|
Loan 1
|
8,521 |
|
9,195 |
|
(7,920) |
|
9,796 |
|
|
|
8,521 |
|
9,195 |
|
(7,920) |
|
9,796 |
|
|
|
|
|
|
|
|
|