Abbreviated Company Accounts - SOFA SOURCE (SCOTLAND) LIMITED

SOFA SOURCE (SCOTLAND) LIMITED - Company Information

SC439668 SOFA SOURCE (SCOTLAND) LIMITED 2013-12-31 false 2013-01-07 2013-12-31 true SC439668 2013-01-07 2013-12-31 SC439668 2013-12-31 SC439668 uk-gaap-cd-bus:Director1 2013-01-07 2013-12-31 SC439668 uk-gaap-cd-bus:Director2 2013-01-07 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-07 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number SC439668

SOFA SOURCE (SCOTLAND) LIMITED

Abbreviated Accounts

31 December 2013

SOFA SOURCE (SCOTLAND) LIMITED Registered Number SC439668

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013
		£
Fixed assets
Tangible assets	2	8,400
		8,400
Current assets
Stocks		61,789
Debtors		21,976
Cash at bank and in hand		17,283
		101,048
Creditors: amounts falling due within one year		(165,122)
Net current assets (liabilities)		(64,074)
Total assets less current liabilities		(55,674)
Total net assets (liabilities)		(55,674)
Capital and reserves
Called up share capital	3	90
Profit and loss account		(55,764)
Shareholders' funds		(55,674)

For the year ending 31 December 2013 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 2 September 2014

And signed on their behalf by:
Mark Gannon, Director

SOFA SOURCE (SCOTLAND) LIMITED Registered Number SC439668

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost less residual value, of each asset systematically over its expected useful life, as follows:

Motor vehicles 20% straight line

2Tangible fixed assets

	£
Cost
Additions	10,500
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	10,500
Depreciation
Charge for the year	2,100
On disposals	-
At 31 December 2013	2,100
Net book values
At 31 December 2013	8,400

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £
90 Ordinary shares of £1 each	90