Sdart Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05728895 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Sdart Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Pietruszkiewicz

W Pietruszkiewicz

SECRETARY:

P K Emmerson

REGISTERED OFFICE:

91 Pickford Street

Manchester

M4 5BT

REGISTERED NUMBER:

05728895 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Intangible assets

2

110,335

102,419

Tangible assets

3

2,500

3,057

112,835

105,476

CURRENT ASSETS

Debtors

3,152

2,182

Cash at bank

3,448

7,034

6,600

9,216

CREDITORS

Amounts falling due within one year

24,828

9,673

NET CURRENT LIABILITIES

(18,228

)

(457

)

TOTAL ASSETS LESS CURRENT LIABILITIES

94,607

105,019

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

94,507

104,919

SHAREHOLDERS' FUNDS

94,607

105,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 4 May 2014 and were signed on its behalf by:

R Pietruszkiewicz - 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 goods, excluding value added tax.

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

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

102,419

Additions

7,916

At 31 March 2014

110,335

NET BOOK VALUE

At 31 March 2014

110,335

At 31 March 2013

102,419

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

9,970

Additions

244

At 31 March 2014

10,214

DEPRECIATION

At 1 April 2013

6,913

Charge for year

801

At 31 March 2014

7,714

NET BOOK VALUE

At 31 March 2014

2,500

At 31 March 2013

3,057

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100