Abbreviated Company Accounts - S4 FINANCIAL LIMITED

S4 FINANCIAL LIMITED - Company Information

05089919 S4 FINANCIAL LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05089919 2013-08-01 2014-07-31 05089919 2014-07-31 05089919 2013-07-31 05089919 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05089919 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director3 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director3 2014-07-31 uk-gaap-cd-bus:Director3 2013-07-31 uk-gaap-cd-bus:Director4 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director4 2014-07-31 uk-gaap-cd-bus:Director4 2013-07-31 iso4217:GBP shares

Registered Number 05089919

S4 FINANCIAL LIMITED

Abbreviated Accounts

31 July 2014

S4 FINANCIAL LIMITED Registered Number 05089919

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	6,961	6,595
Investments	3	49,296	49,296
		56,257	55,891
Current assets
Debtors		322,579	215,473
Cash at bank and in hand		72,908	81
		395,487	215,554
Prepayments and accrued income		120,463	159,855
Creditors: amounts falling due within one year		(311,655)	(195,164)
Net current assets (liabilities)		204,295	180,245
Total assets less current liabilities		260,552	236,136
Accruals and deferred income		(42,855)	(19,949)
Total net assets (liabilities)		217,697	216,187
Capital and reserves
Called up share capital		58,668	58,668
Share premium account		286,947	271,948
Profit and loss account		(127,918)	(114,429)
Shareholders' funds		217,697	216,187

For the year ending 31 July 2014 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 22 April 2015

And signed on their behalf by:
T McKechnie, Director
S Vallery, Director

S4 FINANCIAL LIMITED Registered Number 05089919

Notes to the Abbreviated Accounts for the period ended 31 July 2014

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
The Turnover shown in the profit and loss account represents amounts receivable for services provided during the year. Turnover is not recognised until the service has been provided to the client and a right to consideration has been established

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery - 3 years straight line
Leasehold improvements - 3 years straight line

Other accounting policies
Pension Costs - The company operates a defined contribution pension scheme for employees, the assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 August 2013	110,601
Additions	5,310
Disposals	(48,103)
Revaluations	-
Transfers	-
At 31 July 2014	67,808
Depreciation
At 1 August 2013	104,006
Charge for the year	5,915
On disposals	(49,074)
At 31 July 2014	60,847
Net book values
At 31 July 2014	6,961
At 31 July 2013	6,595

3Fixed assets Investments
Investments in the year remain unchanged from the prior year

4Transactions with directors

Name of director receiving advance or credit:	T J McKechnie
Description of the transaction:	Loan
Balance at 1 August 2013:	£ 29,357
Advances or credits made:	£ 116,820
Advances or credits repaid:	-
Balance at 31 July 2014:	£ 146,177

Name of director receiving advance or credit:	S Vallery
Description of the transaction:	Loan
Balance at 1 August 2013:	£ 0
Advances or credits made:	£ 45,512
Advances or credits repaid:	-
Balance at 31 July 2014:	£ 45,512