Solent Yacht Brokers Limited,Ltd - Accounts

Solent Yacht Brokers Limited,Ltd - Accounts


2014-03-01truefalsePrivate Limited Company075363932015-02-28075363932014-03-012015-02-28075363932014-02-28075363932013-03-012014-02-2807536393uk-bus:Director12014-03-012015-02-28iso4217:GBP
APPROVAL
Solent Yacht Brokers Limited
For the year ended 28 February 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07536393
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Contents Page
Solent Yacht Brokers Limited
For the year ended 28 February 2015
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
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Accountants' Report
For the year ended 28 February 2015
Solent Yacht Brokers Limited
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Solent Yacht
Brokers Limited for the year ended 28 February 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 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 Board of Directors of Solent Yacht Brokers Limited, as a body, in accordance with the terms of our
engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Solent Yacht Brokers
Limited and state those matters that we have agreed to state to the Board of Directors of Solent Yacht Brokers Limited, as a body, in this
report in accordance with the requirements of the Association of Chartered Certified Accountants and 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 Solent Yacht Brokers Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Solent Yacht Brokers Limited has kept adequate accounting records and to prepare statutory accounts that
give a true and fair view of the assets, liabilities, financial position and profit of Solent Yacht Brokers Limited. You consider that Solent
Yacht Brokers Limited is exempt from the statutory audit requirement for the year.
Osman Smart Limited
29 Watergate Road
Newport
Isle of Wight
PO30 1XP
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Abbreviated Balance Sheet
Solent Yacht Brokers Limited
As at 28 February 2015
07536393
Registered Number :
£
£
2015
Notes
2014
Current assets
Cash at bank and in hand
534
139
534
139
Creditors: amounts falling due within one year
(5,846)
(302)
(5,707)
232
Net current assets
Total assets less current liabilities
232
(5,707)
232
Net assets/liabilities
(5,707)
Capital and reserves
Called up share capital
100
100
Revaluation reserve
(100)
(100)
Profit and loss account
232
(5,707)
232
(5,707)
Shareholders funds
For the year ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 30 November 2015
Mr Richard Pierrepont Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
For the year ended 28 February 2015
Solent Yacht Brokers Limited
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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