Registered Number SC263561

S & S GREWAR LIMITED

Abbreviated Accounts

28 February 2015

S & S GREWAR LIMITED Registered Number SC263561

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 38,595 52,137
38,595 52,137
Current assets
Stocks 25,604 76,202
Debtors 74,500 28,918
Cash at bank and in hand 139,000 78,872
239,104 183,992
Creditors: amounts falling due within one year (108,918) (88,382)
Net current assets (liabilities) 130,186 95,610
Total assets less current liabilities 168,781 147,747
Total net assets (liabilities) 168,781 147,747
Capital and reserves
Called up share capital 2 2
Profit and loss account 168,779 147,745
Shareholders' funds 168,781 147,747
  • For the year ending 28 February 2015 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 27 November 2015

And signed on their behalf by:
Jayne MacKenzie, Director

S & S GREWAR LIMITED Registered Number SC263561

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation if provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows;

Motor vehicles - 25% reducing balance
Plant and machinery – 25% reducing balance

2 Tangible fixed assets
£
Cost
At 1 March 2014 192,653
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 192,653
Depreciation
At 1 March 2014 140,516
Charge for the year 13,542
On disposals -
At 28 February 2015 154,058
Net book values
At 28 February 2015 38,595
At 28 February 2014 52,137

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