Abbreviated Company Accounts - SCOPED SOLUTIONS LTD

SCOPED SOLUTIONS LTD - Company Information

Registered Number 06820104

SCOPED SOLUTIONS LTD

Abbreviated Accounts

31 March 2015

SCOPED SOLUTIONS LTD Registered Number 06820104

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	7,265	4,481
		7,265	4,481
Current assets
Debtors		24,582	19,507
Cash at bank and in hand		19,226	23,526
		43,808	43,033
Creditors: amounts falling due within one year		(37,515)	(36,422)
Net current assets (liabilities)		6,293	6,611
Total assets less current liabilities		13,558	11,092
Total net assets (liabilities)		13,558	11,092
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		12,558	10,092
Shareholders' funds		13,558	11,092

For the year ending 31 March 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 2 June 2015

And signed on their behalf by:
T OAKLEY, Director

SCOPED SOLUTIONS LTD Registered Number 06820104

Notes to the Abbreviated Accounts for the period ended 31 March 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 net invoiced sales of goods, excluding Value added Tax, despatched/provided during the period, for which the right to consideration has been received.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and Fittings 5 Years Straight Line
Computer Equipment 2 Years & 3 Years Straight Line
Motor Vehicles 25% Reducing Balance and Nil

Other accounting policies
Leasing Commitments
Assets obtained under finance leases are capitalised in the balance sheet. Assets held under finance leases are depreciated over the term of the lease.

Operating Lease Agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 April 2014	17,973
Additions	5,205
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	23,178
Depreciation
At 1 April 2014	13,492
Charge for the year	2,421
On disposals	-
At 31 March 2015	15,913
Net book values
At 31 March 2015	7,265
At 31 March 2014	4,481