Abbreviated Company Accounts - SIMON WEST INTERIORS LIMITED

01360077 SIMON WEST INTERIORS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01360077 2015-04-01 2016-03-31 01360077 2016-03-31 01360077 2015-03-31 01360077 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01360077 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 01360077

SIMON WEST INTERIORS LIMITED

Abbreviated Accounts

31 March 2016

SIMON WEST INTERIORS LIMITED Registered Number 01360077

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	231,271	225,437
		231,271	225,437
Current assets
Stocks		15,904	15,199
Debtors		84,318	71,005
Cash at bank and in hand		212,818	192,887
		313,040	279,091
Creditors: amounts falling due within one year		(52,012)	(45,138)
Net current assets (liabilities)		261,028	233,953
Total assets less current liabilities		492,299	459,390
Creditors: amounts falling due after more than one year		-	(379)
Provisions for liabilities		(11,971)	(10,155)
Total net assets (liabilities)		480,328	448,856
Capital and reserves
Called up share capital	3	667	667
Revaluation reserve		123,921	123,921
Other reserves		333	333
Profit and loss account		355,407	323,935
Shareholders' funds		480,328	448,856

For the year ending 31 March 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 July 2016

And signed on their behalf by:
N Seaman, Director

SIMON WEST INTERIORS LIMITED Registered Number 01360077

Notes to the Abbreviated Accounts for the period ended 31 March 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 sales of services to outside customers at invoiced amount, and is stated net of value added tax.

Tangible assets depreciation policy
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.

Freehold property - 2% on cost
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 10% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	316,845
Additions	17,414
Disposals	(15,440)
Revaluations	-
Transfers	-
At 31 March 2016	318,819
Depreciation
At 1 April 2015	91,408
Charge for the year	11,091
On disposals	(14,951)
At 31 March 2016	87,548
Net book values
At 31 March 2016	231,271
At 31 March 2015	225,437

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
667 Ordinary shares of £1 each	667	667