Registered Number 06561949

SIMPLICITY GRANITE LTD

Abbreviated Accounts

30 April 2016

SIMPLICITY GRANITE LTD Registered Number 06561949

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 55,405 34,923
55,405 34,923
Current assets
Debtors 17,550 7,775
Cash at bank and in hand 92,060 82,647
109,610 90,422
Creditors: amounts falling due within one year (82,767) (83,305)
Net current assets (liabilities) 26,843 7,117
Total assets less current liabilities 82,248 42,040
Creditors: amounts falling due after more than one year (33,411) (18,266)
Total net assets (liabilities) 48,837 23,774
Capital and reserves
Called up share capital 100 100
Profit and loss account 48,737 23,674
Shareholders' funds 48,837 23,774
  • For the year ending 30 April 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 20 January 2017

And signed on their behalf by:
LEE JACOBS, Director

SIMPLICITY GRANITE LTD Registered Number 06561949

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the value of goods and services received and receivable excluding VAT

Tangible assets depreciation policy
Fixed assets are written off on a straight line basis over their useful lifes
IT Equipment 3 years
Fixtures & fittings 5 years
Motor vehicles 4 years

2Tangible fixed assets
£
Cost
At 1 May 2015 42,272
Additions 45,715
Disposals (17,350)
Revaluations -
Transfers -
At 30 April 2016 70,637
Depreciation
At 1 May 2015 7,349
Charge for the year 13,695
On disposals (5,812)
At 30 April 2016 15,232
Net book values
At 30 April 2016 55,405
At 30 April 2015 34,923