Abbreviated Company Accounts - SUPADU LIMITED

Abbreviated Company Accounts - SUPADU LIMITED


Registered Number 07241565

SUPADU LIMITED

Abbreviated Accounts

31 March 2015

SUPADU LIMITED Registered Number 07241565

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 200,000 200,000
Tangible assets 3 2,654 4,283
202,654 204,283
Current assets
Debtors 126,215 158,680
Cash at bank and in hand 81,640 149,625
207,855 308,305
Prepayments and accrued income 11,379 38,541
Creditors: amounts falling due within one year (70,979) (106,530)
Net current assets (liabilities) 148,255 240,316
Total assets less current liabilities 350,909 444,599
Creditors: amounts falling due after more than one year (130,000) (155,000)
Accruals and deferred income (52,646) (119,454)
Total net assets (liabilities) 168,263 170,145
Capital and reserves
Called up share capital 833 833
Share premium account 241,420 241,420
Profit and loss account (73,990) (72,108)
Shareholders' funds 168,263 170,145
  • 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 30 July 2015

And signed on their behalf by:
Marc Harris, Director
Mark Harvie-Watt, Director

SUPADU LIMITED Registered Number 07241565

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
- Fixtures & Fittings 25.00% straight line
- Computer Equipment 33.33% straight line

2Intangible fixed assets
£
Cost
At 1 April 2014 200,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 200,000
Amortisation
At 1 April 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 200,000
At 31 March 2014 200,000
3Tangible fixed assets
£
Cost
At 1 April 2014 9,226
Additions 1,697
Disposals -
Revaluations -
Transfers -
At 31 March 2015 10,923
Depreciation
At 1 April 2014 4,943
Charge for the year 3,326
On disposals -
At 31 March 2015 8,269
Net book values
At 31 March 2015 2,654
At 31 March 2014 4,283