Abbreviated Company Accounts - SIEGL PRESKEY SMITH FINANCING LTD

SIEGL PRESKEY SMITH FINANCING LTD - Company Information

Registered Number 06294894

SIEGL PRESKEY SMITH FINANCING LTD

Abbreviated Accounts

31 December 2014

SIEGL PRESKEY SMITH FINANCING LTD Registered Number 06294894

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	3,000
Tangible assets	3	-	328
Investments	4	100	100
		100	3,428
Current assets
Debtors		3,299	117,378
Cash at bank and in hand		49,771	45,189
		53,070	162,567
Creditors: amounts falling due within one year		(36,190)	(153,058)
Net current assets (liabilities)		16,880	9,509
Total assets less current liabilities		16,980	12,937
Total net assets (liabilities)		16,980	12,937
Capital and reserves
Called up share capital		10	10
Profit and loss account		16,970	12,927
Shareholders' funds		16,980	12,937

For the year ending 31 December 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 25 June 2015

And signed on their behalf by:
Mr C Smith, Director

SIEGL PRESKEY SMITH FINANCING LTD Registered Number 06294894

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Intangible fixed assets

	£
Cost
At 1 January 2014	21,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	21,500
Amortisation
At 1 January 2014	18,500
Charge for the year	3,000
On disposals	-
At 31 December 2014	21,500
Net book values
At 31 December 2014	0
At 31 December 2013	3,000

3Tangible fixed assets

	£
Cost
At 1 January 2014	5,262
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	5,262
Depreciation
At 1 January 2014	4,934
Charge for the year	328
On disposals	-
At 31 December 2014	5,262
Net book values
At 31 December 2014	0
At 31 December 2013	328

4Fixed assets Investments
The capital investment represents 100% of the beneficial ownership of ooo SPS Financing; an enterprise legally registered in Russia and liscensed to provide engineering and management services for capital construction projects for the oil and gas industry in Russia. Under the provision of section 248 of the Companies Act 1985 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.