Sustainable Acoustics Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08149321 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Sustainable Acoustics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Rogers

SECRETARY:

Mrs D Rogers

REGISTERED OFFICE:

5 Charlecote Mews

Staple Gardens

Winchester

Hampshire

SO23 8SR

REGISTERED NUMBER:

08149321 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Intangible assets

2

46,667

-

Tangible assets

3

17,694

-

64,361

-

CURRENT ASSETS

Stocks

16,500

-

Debtors

109,912

-

Cash at bank

6,451

2

132,863

2

CREDITORS

Amounts falling due within one year

144,901

-

NET CURRENT (LIABILITIES)/ASSETS

(12,038

)

2

TOTAL ASSETS LESS CURRENT LIABILITIES

52,323

2

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

52,321

-

SHAREHOLDERS' FUNDS

52,323

2

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 December 2015 and were signed by:

P J Rogers - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

Computer equipment

-

Straight line over 7 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

50,000

At 31 March 2015

50,000

AMORTISATION

Amortisation for year

3,333

At 31 March 2015

3,333

NET BOOK VALUE

At 31 March 2015

46,667

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

19,554

At 31 March 2015

19,554

DEPRECIATION

Charge for year

1,860

At 31 March 2015

1,860

NET BOOK VALUE

At 31 March 2015

17,694

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

NIL

Ordinary

£1

-

2

1

Ordinary A

£1

1

-

1

Ordinary B

£1

1

-

2

2

On 14 April 2014 the two ordinary shares of £1 each were re-designated as one ordinary A share of £1 each and

one ordinary B share of £1 each.

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2015 and the period

ended 31 March 2014:

31.3.15

31.3.14

£

£

P J Rogers

Balance outstanding at start of year

-

-

Amounts advanced

2,726

-

Amounts repaid

-

-

Balance outstanding at end of year

2,726

-

The maximum amount outstanding during the year and due to the company was £2,726. No interest was paid

during the year on this loan.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Rogers.