Susho Limited - Limited company accounts 11.7

REGISTERED NUMBER: 02121320 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 April 2015

for

Susho Limited

Page

Company Information

1

Report of the Director

2

Chartered Certified Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTOR:

N Shott

REGISTERED OFFICE:

Radclyffe House

66/68 Hagley Road

Birmingham

United Kingdom

B16 8PF

REGISTERED NUMBER:

02121320 (England and Wales)

ACCOUNTANTS:

Mallett Jones

Radclyffe House

66-68 Hagley Road

Edgbaston

Birmingham

West Midlands

B16 8PF

The director presents his report with the financial statements of the company for the year ended 30 April 2015.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of providing market research and consultancy

services. The company has not traded during the year.

DIRECTOR

N Shott held office during the whole of the period from 1 May 2014 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

N Shott - Director

28 August 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Susho Limited for the year ended 30 April 2015 which comprise the Profit and Loss Account,

the Balance Sheet, and the related notes from the company's accounting records and from information and explanations

you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Susho Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Susho Limited and state those matters that we have agreed to state to the director of Susho Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Susho Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Susho Limited. You consider that Susho Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Susho Limited. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mallett Jones

Radclyffe House

66-68 Hagley Road

Edgbaston

Birmingham

West Midlands

B16 8PF

28 August 2015

TURNOVER

-

Administrative expenses

526

410

OPERATING LOSS

2

(526

)

(410

)

Interest receivable and similar income

637

678

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

111

268

Tax on profit on ordinary activities

3

127

136

(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(16

)

132

CURRENT ASSETS

Cash at bank

51,096

56,121

CREDITORS

Amounts falling due within one year

5

2,973

2,982

NET CURRENT ASSETS

48,123

53,139

TOTAL ASSETS LESS CURRENT
LIABILITIES

48,123

53,139

CAPITAL AND RESERVES

Called up share capital

6

100

Profit and loss account

7

48,023

53,039

SHAREHOLDERS' FUNDS

48,123

53,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 28 August 2015 and were signed by:

N Shott - 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).

Deferred tax

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

sheet date.

2.	OPERATING LOSS

The operating loss is stated after charging:

2015

2014

£

Director's remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

2015

2014

£

Current tax:

UK corporation tax

127

136

Tax on profit on ordinary activities

127

136

4.

DIVIDENDS

2015

2014

£

Ordinary shares of £1 each

Interim

5,000

7,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2015

2014

£

Taxation and social security

127

136

Other creditors

2,846

2,973

2,982

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

7.

RESERVES

Profit

and loss

account

£

At 1 May 2014

53,039

Deficit for the year

(16

)

Dividends

(5,000

)

At 30 April 2015

48,023

8.	RELATED PARTY DISCLOSURES

N Shott

Director

Dividends of £5,000 during the year (2014 - £7,000)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is N Shott.