Registered Number 04382102

SPK SHAH & CO LIMITED

Abbreviated Accounts

31 March 2016

SPK SHAH & CO LIMITED Registered Number 04382102

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 37,313 43,532
Tangible assets 3 1,605 2,527
Investments 4 - 30,000
38,918 76,059
Current assets
Stocks 9,460 10,486
Debtors 219,222 198,954
Cash at bank and in hand 93,094 88,895
321,776 298,335
Creditors: amounts falling due within one year (123,881 ) (128,176 )
Net current assets (liabilities) 197,895 170,159
Total assets less current liabilities 236,813 246,218
Total net assets (liabilities) 236,813 246,218
Capital and reserves
Called up share capital 200 200
Share premium account 99,963 99,963
Profit and loss account 136,650 146,055
Shareholders' funds 236,813 246,218

  • 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 24 December 2016

And signed on their behalf by:
SK Shah, Director

SPK SHAH & CO LIMITED Registered Number 04382102

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1 Accounting 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 services provided during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its useful expected life as follows: Plant, machinery, fixtures and fittings 25% straight line.

Intangible assets amortisation policy
Goodwill is written off in equal annual installments over its estimated useful economic life of 20 years.

Other accounting policies
Pensions

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2 Intangible fixed assets
£
Cost
At 1 April 2015 124,377
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 124,377
Amortisation
At 1 April 2015 80,845
Charge for the year 6,219
On disposals -
At 31 March 2016 87,064
Net book values
At 31 March 2016 37,313
At 31 March 2015 43,532
3 Tangible fixed assets
£
Cost
At 1 April 2015 21,440
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 21,440
Depreciation
At 1 April 2015 18,913
Charge for the year 922
On disposals -
At 31 March 2016 19,835
Net book values
At 31 March 2016 1,605
At 31 March 2015 2,527

4 Fixed assets Investments
Cost
At 1/4/15 30,000
Disposal (30,000)

At 31/3/16 -