Success Concepts Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07507190 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st January 2015

for

Success Concepts Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Greenough

SECRETARY:

REGISTERED OFFICE:

6 Manchester Road

Buxton

Derbyshire

SK17 6SB

REGISTERED NUMBER:

07507190 (England and Wales)

ACCOUNTANTS:

Laytons

Chartered Accountants

Registered Auditors

6 Manchester Road

Buxton

Derbyshire

SK17 6SB

FIXED ASSETS

Tangible assets

2

744

1,154

CURRENT ASSETS

Debtors

6,769

8,343

Cash at bank

2,586

3,286

9,355

11,629

CREDITORS

Amounts falling due within one year

11,539

11,992

NET CURRENT LIABILITIES

(2,184

)

(363

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,440

)

791

CREDITORS

Amounts falling due after more than one year

(2,292

)

-

NET ASSETS

852

791

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

752

691

SHAREHOLDERS' FUNDS

852

791

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 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 director on 15th October 2015 and were signed by:

P Greenough - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

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

date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of

the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2014

and 31st January 2015

2,188

DEPRECIATION

At 1st February 2014

1,034

Charge for year

410

At 31st January 2015

1,444

NET BOOK VALUE

At 31st January 2015

744

At 31st January 2014

1,154

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.15

31.1.14

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st January 2015 the company was owed £6,769 (Last year £4,671) by the director Mr P Greenough.

5.

CONTROL

The company is under the control of the director Mr P Greenough who owns 100% of the share capital.