Supply Room (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07124919 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Supply Room (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Hurst

REGISTERED OFFICE:

1st Floor

2 Woodberry Grove

North Finchley

London

N12 0DR

REGISTERED NUMBER:

07124919 (England and Wales)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

11 Somerset Place

Glasgow

G3 7JT

FIXED ASSETS

Tangible assets

2

21,881

29,175

CURRENT ASSETS

Stocks

16,424

7,229

Debtors

7,344

-

Cash at bank

36,073

2,846

59,841

10,075

CREDITORS

Amounts falling due within one year

3

48,526

33,930

NET CURRENT ASSETS/(LIABILITIES)

11,315

(23,855

)

TOTAL ASSETS LESS CURRENT LIABILITIES

33,196

5,320

CREDITORS

Amounts falling due after more than one year

3

32,225

-

NET ASSETS

971

5,320

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

871

5,220

SHAREHOLDERS' FUNDS

971

5,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 March 2015 and were signed by:

R Hurst - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

61,429

DEPRECIATION

At 1 July 2013

32,254

Charge for year

7,294

At 30 June 2014

39,548

NET BOOK VALUE

At 30 June 2014

21,881

At 30 June 2013

29,175

3.

CREDITORS

Creditors include an amount of £ 49,038 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

100

Ordinary

£1

100

100