SMS Metering Limited - Limited company - abbreviated

REGISTERED NUMBER: 05557645 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

SMS METERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

SMS Manufacturing Limited

V Sodin

SECRETARY:

SMS Manufacturing Limited

REGISTERED OFFICE:

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

REGISTERED NUMBER:

05557645 (England and Wales)

ACCOUNTANTS:

Lees Chartered Accountants

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

CURRENT ASSETS

Stocks

174,772

111,061

Debtors

18,762

37,495

Cash at bank

12,896

46,811

206,430

195,367

CREDITORS

Amounts falling due within one year

150,604

144,388

NET CURRENT ASSETS

55,826

50,979

TOTAL ASSETS LESS CURRENT
LIABILITIES

55,826

50,979

CAPITAL AND RESERVES

Called up share capital

2

11,000

Profit and loss account

44,826

39,979

SHAREHOLDERS' FUNDS

55,826

50,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 15 September 2015 and were signed on its behalf
by:

V Sodin - 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.

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.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

11,000

Ordinary

£1

11,000

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is a balance of £2,869, which is due to V Sodin, Director.

SMS Metering Limited - Limited company - abbreviated - 11.6

SMS Metering Limited - Limited company - abbreviated - 11.6