Registered Number 00326031

E.T. SMALLCOMBE & SONS LIMITED

Abbreviated Accounts

31 July 2016

E.T. SMALLCOMBE & SONS LIMITED Registered Number 00326031

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 80,050 82,700
80,050 82,700
Current assets
Debtors - 7,374
Cash at bank and in hand 17,779 21,312
17,779 28,686
Creditors: amounts falling due within one year (2,831) (1,512)
Net current assets (liabilities) 14,948 27,174
Total assets less current liabilities 94,998 109,874
Provisions for liabilities (4,584) (4,584)
Total net assets (liabilities) 90,414 105,290
Capital and reserves
Called up share capital 3 302 302
Revaluation reserve 79,316 79,316
Profit and loss account 10,796 25,672
Shareholders' funds 90,414 105,290
  • For the year ending 31 July 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 28 April 2017

And signed on their behalf by:
M E Smallcombe, Director

E.T. SMALLCOMBE & SONS LIMITED Registered Number 00326031

Notes to the Abbreviated Accounts for the period ended 31 July 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 January 2015.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings - 5% on cost

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

2Tangible fixed assets
£
Cost
At 1 August 2015 88,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2016 88,000
Depreciation
At 1 August 2015 5,300
Charge for the year 2,650
On disposals -
At 31 July 2016 7,950
Net book values
At 31 July 2016 80,050
At 31 July 2015 82,700
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
300 A Ordinary shares of £1 each 300 300
2 B Ordinary non voting shares of £1 each 2 2