Abbreviated Company Accounts - SIR SOLUTIONS LTD

Abbreviated Company Accounts - SIR SOLUTIONS LTD


Registered Number 07629741

SIR SOLUTIONS LTD

Abbreviated Accounts

31 May 2015

SIR SOLUTIONS LTD Registered Number 07629741

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 3 612
3 612
Current assets
Debtors 523 487
Cash at bank and in hand 60,405 31,704
60,928 32,191
Creditors: amounts falling due within one year (30,760) (13,862)
Net current assets (liabilities) 30,168 18,329
Total assets less current liabilities 30,171 18,941
Provisions for liabilities - (100)
Total net assets (liabilities) 30,171 18,841
Capital and reserves
Called up share capital 2 2
Profit and loss account 30,169 18,839
Shareholders' funds 30,171 18,841
  • For the year ending 31 May 2015 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 28 September 2015

And signed on their behalf by:
M IRSARA, Director

SIR SOLUTIONS LTD Registered Number 07629741

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery - 20% straight line

2Tangible fixed assets
£
Cost
At 1 June 2014 2,439
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 2,439
Depreciation
At 1 June 2014 1,827
Charge for the year 609
On disposals -
At 31 May 2015 2,436
Net book values
At 31 May 2015 3
At 31 May 2014 612