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REGISTERED NUMBER: 01183684 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2013

FOR

SIME FOUNDRY LIMITED

SIME FOUNDRY LIMITED (REGISTERED NUMBER: 01183684)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 August 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SIME FOUNDRY LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2013







DIRECTORS: Mrs G L Carswell
I D Bissell





SECRETARY: Mrs G L Carswell





REGISTERED OFFICE: Stafford Street
Wednesbury
West Midlands
WS10 7JX





REGISTERED NUMBER: 01183684 (England and Wales)





ACCOUNTANTS: Wright & Co Partnership Limited
Chartered Accountants
5 Walsall Street
Wednesbury
West Midlands
WS10 9BZ

SIME FOUNDRY LIMITED (REGISTERED NUMBER: 01183684)

ABBREVIATED BALANCE SHEET
31 August 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 110,156 129,175

CURRENT ASSETS
Stocks 89,811 91,899
Debtors 497,298 462,341
Cash at bank and in hand 18,064 15,576
605,173 569,816
CREDITORS
Amounts falling due within one year 446,801 515,966
NET CURRENT ASSETS 158,372 53,850
TOTAL ASSETS LESS CURRENT LIABILITIES 268,528 183,025

CREDITORS
Amounts falling due after more than one year (7,497 ) (19,938 )

PROVISIONS FOR LIABILITIES (19,082 ) (22,006 )
NET ASSETS 241,949 141,081

CAPITAL AND RESERVES
Called up share capital 3 200 200
Profit and loss account 241,749 140,881
SHAREHOLDERS' FUNDS 241,949 141,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and
of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 7 February 2014 and were signed on its behalf by:





Mrs G L Carswell - Director


SIME FOUNDRY LIMITED (REGISTERED NUMBER: 01183684)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 August 2013

1. ACCOUNTING POLICIES

Accounting convention
The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - 5% on cost
Plant & machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase
contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful
lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the
future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2012 487,539
Additions 1,683
At 31 August 2013 489,222
DEPRECIATION
At 1 September 2012 358,364
Charge for year 20,702
At 31 August 2013 379,066
NET BOOK VALUE
At 31 August 2013 110,156
At 31 August 2012 129,175

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100 Ordinary £1 100 100
100 Preference £1 100 100
200 200

SIME FOUNDRY LIMITED (REGISTERED NUMBER: 01183684)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 August 2013

4. CONTROL RELATIONSHIP

The company was controlled throughout the current and previous period by its director Mrs G.L.Carswell, by virtue of the fact that she
owns 99% of the company's ordinary share capital.